Form GNL – 2

Form GNL-2 viz., “Form for submission of documents with the Registrar” is filed in cases where no Form is prescribed for filing any document with RoC

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A. Legislative Flow for Form GNL-2

Form GNL-2 has been prescribed under the Companies (Registration Offices and Fees) Amendment Rules, 2020.

B. About Form GNL-2

MCA General Circular No. 08/2020 dated 06th March 2020 provides how forms will be filed in the Registry (MCA-21) by the Insolvency Professional viz.  IRP / RP / Liquidator appointed under IBC 2016.

Purpose of the Form GNL-2

The company can file certain documents with the ROC through Form GNL-2, especially in cases where no Form is prescribed for filing any document with RoC.

Indicative list of the Instances where form GNL-2 is used

  • Form GNL-2 is to be filed for the filings of forms or other documents in respect of the companies which are undergoing any proceedings under the IBC 2016.
  • Prospectus
  • Information Memorandum
  • Private placement offer letter
  • Record of a private placement offer to be kept by the company
  • Circular for inviting deposits
  • Circular in the form of advertisement for inviting deposits
  • Form 149 of the Companies (Court) Rules, 1959
  • Form 152 of the Companies (Court) Rules, 1959
  • Form 153 of the Companies (Court) Rules, 1959
  • Form 154 of the Companies (Court) Rules, 1959
  • Form 156 of the Companies (Court) Rules, 1959
  • Form 157 of the Companies (Court) Rules, 1959
  • Form 158 of the Companies (Court) Rules, 1959
  • Form 159 of the Companies (Court) Rules, 1959
  • Any others documents

How Form GNL-2 will be processed done?

Form GNL-2 will be processed by the RoC in the following ways:

  • Non – STP mode for all the purposes other than ‘Prospectus’.
  • STP mode for the purpose of filing of ‘Prospectus’

Some Important Points / Facts with respect to Form GNL-2

  • It is mandatory to select designation as ‘Others’ in case of filing with the purpose ‘Filing under Insolvency and Bankruptcy Code, 2016’.

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