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Earlier, the DIR-3 Form was used to get a Director Identification Number. After the introduction of the new company incorporation laws, DIN is automatically issued under SPICe Form and should be filed using a Digital Signature Certificate. The Ministry of Corporate Affairs established DIR-3 e-KYC to undertake KYC (know your customer) verification, which is required for all company directors.
During DIR-3 e-KYC, all documents must be attested by a practicing professional such as an accountant, chartered accountant, or cost accountant, and by an appropriate government agency in the case of foreign nationals.
Any director who is assigned a DIN by or on March 31st and whose DIN is in approved status must now submit his KYC details to the MCA within one month of the end of the fiscal year, on April 30th. Also, for disqualified directors to obtain DIR-3 e-KYC, this method is required.
In submitting the eForm, each director must be provided with a unique personal mobile phone number and email address.
A one-time password will be used to validate these (OTP).
The second check is that the director must utilize his own Digital Signature when submitting the DIR 3 filing.
Last but not least, the Eform Form -3 KYC should be approved by a practicing Chartered Accountant, Company Secretary, or Cost and Management Accountant to verify that complete and correct information is supplied.
If the director is unable to file the DIR-3 form filing on MCA 21 Portal by the 30th April of each
fiscal year, the department will consider the director's DIN deactivated, with the reason indicated as
Non-filing of DIR-3 e-KYC.
In the future, the director can reactivate his DIN by completing the missing eform DIR-3 KYC and paying a late fee of Rs. 5000.
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