Companies LawLegal Updates

MCA to introduce new Web Form SPICe+ replacing the existing SPICe form

MCA Update

MCA has announced that under Government of India’s Ease of Doing Business(EODB) initiatives it will be  deploying a new Web Form christened ‘SPICe+’ (pronounced ‘SPICe Plus’) replacing the existing SPICe form.
Further MCA mentions that SPICe+ would be an integrated Web form offering multiple services viz. name reservation, incorporation, DIN allotment, mandatory issue of PAN, TAN, EPFO, ESIC, Profession Tax (Maharashtra) and Opening of Bank Account. It will also facilitate allotment of GSTIN wherever so applied for by the Stakeholders. MCA further clarifies that after deployment of SPICe+ web form, RUN shall be applicable only for change of name of existing companies.
Once SPICe+ gets notified then all new name reservations for new companies as well as new incorporations shall be applied through SPICe+ only. However, incorporation of companies for names reserved through the existing RUN service shall continue to be filed in the existing SPICe eform along with related linked forms as applicable and if marked under resubmission shall be resubmitted in SPICe eform.
In addition, resubmission of SPICe forms submitted prior to date of deployment of SPICe+ web form shall also be filed in the existing SPICe eform and related linked forms as applicable.
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