Recalled extra time limiting club's initial form (6)
I believe the answer is:
sculpt
'form' is the definition.
(sculpting is a kind of forming)
'recalled extra time limiting club's initial' is the wordplay.
'recalled' shows that the letters should be reversed in order.
'extra' becomes 'plus' (I've seen this before**).
'time' becomes 't'.
'limiting' indicates putting letters inside.
'initial' says to take the initial letters.
The initial letter of 'clubs' is 'c'.
'plus' in reverse letter order is 'sulp'.
'sulp'+'t'='sulpt'
'sulpt' placed around 'c' is 'SCULPT'.
(Other definitions for sculpt that I've seen before include "Shape material into a work of art" , "Oak fruit" , "Create by shaping a material" , "Shape from stone or wood" , "Carve in wood or stone" .)