MCA introduces Form LEAP-1 w.e.f 24th Jan 2024 - Finance Ppl

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MCA introduces Form LEAP-1 w.e.f 24th Jan 2024

About the Form:
The form captures details in three sections. The descriptive information relating to those three sections are discussed below.

Section I: Company Information
  1. Basic details like CIN, Name & address of company.
  2. Purpose of application(which pre-filled field)
  3. Details of prospectus: Date the prospectus was submitted to SEBI/relevant stock exchange for approval and date of approval of prospectus by them.
  4. Whether there is any pending inspection/ investigation/enquiry ordered against the company under the Act.
Section II : Attachments
  1. Copy of Approved prospectus
  2. Copy of the approval letter/approval document from SEBI/Relevant stock exchange.
  3. Copy of acknowledgement of filing prospectus.
Section III: Declaration and Certification
  1. Declaration signed by authorized director confirming the accuracy, completeness and adherence to relevant regulations.
  2. Certification signed by practicing professional that they have verified the truth & completeness of information given in the form
Due date for filing:
The company shall file the prospectus in e-Form LEAP-1 along with the fees within a period of 7 after the same has been finalised and filed in the permitted exchange. The fees associated with filing the LEAP-1 Form depend on the company’s nominal share capital and there's also penalty fees for late filing.