Notification That Quarterly Report Will Be Submitted Late (nt 10-q)
November 13 2020 - 2:28PM
Edgar (US Regulatory)
U.S.
SECURITIES AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM
12b-25
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: September 30, 2020
☐
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Transition
Report on Form 10-K
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☐
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Transition Report
on Form 20-F
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☐
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Transition Report
on Form 11-K
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☐
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Transition Report
on Form 10-Q
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☐
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Transition Report
on Form N-SAR
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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.
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Full
Name of Registrant
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Former
Name if Applicable
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9300
Conroy Windermere Rd. #3250
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Address
of Principal Executive Office (Street and Number)
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Windermere,
FL 34786
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City,
State and Zip Code
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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.
☐
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(a)
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The
reasons described in reasonable detail in Part III of this form could not be eliminated without unreasonable effort or
expense;
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☒
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(b)
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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
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☐
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(c)
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The accountant’s
statement or other exhibit required by Rule 12b-25(c) has been attached if applicable.
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PART
III - NARRATIVE
There
will be a delay in filing the Company’s Quarterly Report on Form 10-Q for the quarterly period ended September 30, 2020
because the Company needs additional time to finish the Report and to furnish Exhibit 101 to the Form 10-Q in accordance with
Rule 405 of Regulation S-T. Exhibit 101 to the Form 10-Q provides the financial statements and related notes from the Form 10-Q
formatted in XBRL (eXtensible Business Reporting Language).
PART
IV - OTHER INFORMATION
1. Name
and telephone number of person to contact in regard to this notification:
James
Jenkins
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(407)
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536-9422
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(Name)
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(Area
Code)
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(Telephone
Number)
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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: November
13, 2020
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By:
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/s/
James Jenkins
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James Jenkins
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Chief Executive Officer
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Palayan Resources (CE) (USOTC:PLYN)
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