U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
NOTIFICATION OF LATE FILING
☒ Form 10-K ☐ Form 20-F ☐ Form 11-K ☐ Form 10-Q ☐ Form 10-D ☐ Form N-SAR ☐ Form N-CSR
For period ended: March 31, 2021
|☐||Transition Report on Form 10-K|
|☐||Transition Report on Form 20-F|
|☐||Transition Report on Form 11-K|
|☐||Transition Report on Form 10-Q|
|☐||Transition Report on Form N-SAR|
For the Transition Period Ended: N/A
Nothing in this form shall be construed to imply that the Commission has verified any information contained herein.
If the notification relates to a portion of the filing checked above, identify the Item(s) to which the notification relates:
PART I - REGISTRANT INFORMATION
|Palayan Resources Inc.|
|Full Name of Registrant|
|Former Name if Applicable|
|850 Teague Trail, #580|
|Address of Principal Executive Office (Street and Number)|
|Lady Lake, FL 32159|
|City, State and Zip Code|
PART II - RULES 12b-25 (b) AND (c)
If the subject report could not be filed without unreasonable effort or expense and the registrant seeks relief pursuant to Rule 12b-25(b), the following should be completed.
The reasons described in reasonable detail in Part III of this form could not be eliminated without unreasonable effort or expense;
The subject annual report, semi-annual report, transition report on Forms 10K, 20-F, 11-K, Form N-SAR, or Form N-CSR or portion thereof, will be filed on or before the 15th calendar day following the prescribed due date; or the subject quarterly report or transition report on Form 10-Q, or portion thereof, will be filed on or before the fifth calendar day following the prescribed due date; and
|☐||(c)||The accountant’s statement or other exhibit required by Rule 12b-25(c) has been attached if applicable.|
PART III - NARRATIVE
Management is in the process of finalizing the operating results of its 2020 fiscal year. The information could not be assembled and analyzed without unreasonable effort and expense to the Registrant. The Company changed Auditing firms during the first quarter in 2020, the change of Auditors has made it more time consuming to coordinate between the auditing firms causing delays in getting the Audit filed in a timely manner. The Form 10-K will be filed as soon as practicable and within the 15-day extension period.
PART IV - OTHER INFORMATION
1. Name and telephone number of person to contact in regard to this notification:
|(Name)||(Area Code)||(Telephone Number)|
2. Have all other periodic reports required under Section 13 or 15(d) of the Securities Exchange Act of 1934 or Section 30 of the Investment Company Act of 1940 during the preceding 12 months or for such shorter period that the registrant was required to file such report(s) been filed? If answer is no, identify report(s). Yes ☒ No ☐
3. Is it anticipated that any significant change in results of operations from the corresponding period for the last fiscal year will be reflected by the earnings statements to be included in the subject report or portion thereof? Yes ☐ No ☒
If so, attach an explanation of the anticipated change, both narratively and quantitatively, and, if appropriate, state the reasons why a reasonable estimate of the results cannot be made.
Palayan Resources Inc.
(Name of Registrant as Specified in Charter)
has caused this notification to be signed on its behalf by the undersigned hereunto duly authorized.
|Date: June 29, 2021|
|By:||/s/ James Jenkins|
|Chief Executive Officer|