MCA has issued Companies (Appointment and Qualification of Directors) Third Amendment Rules, 2019.
Provisions of the Law:
1. WEB Service- DIR-3 KYC:
Web based e-form DIR-3 KYC shall be used by the DIN holder who has submitted DIR-3 KYC e-form in the previous financial year and no update is required in his details.
2. E-form DIR-3 KYC:
i. E-form DIR-3 KYC is to be filed by an individual who holds DIN and is filing his KYC details for the first time OR
ii. by the DIN holder who has already filed his KYC once in e-form DIR-3 KYC but wants to update his details..
Note:
A. As per Rule 12A of Directors KYC: Every individual who has been allotted a Director Identification Number (DIN) as on 31st March of a financial year.
Therefore, all the individuals who has obtained DIN on or before 31st March, 2018 shall have already filed their DIR-3 KYC in previous financial year. Therefore for such individuals:
♦ If wants to update their details, will file e-form DIR-3 KYC.
♦ If details are same as earlier filed DIR-3 KYC, will file web base DIR-3 KYC.
B. If an individual obtained DIN after 31st March, 2018 till 31st March, 2019 in this case such individual shall file e-form DIR-3 KYC.
Due Date: This year Due date of filing of both DIR-3 KYC is 30th September.
STEPS OF FILNG OF WEB SERVICE – DIR-3 KYC
STEP: I – Log In on MCA Website
Web service DIR-3 KYC is available in
- MCA Services”
- DIN Service
STEP: II – Mention DIN No.
STEP: III – Mention Din and submit
Window for Mobile and Email OTP will appear.
STEP: IV – After submission of OTP, filed form will be apper.
Click on Submit button and then confirm the same.
(Author – CS Divesh Goyal, GOYAL DIVESH & ASSOCIATES Company Secretary in Practice from Delhi and can be contacted at [email protected]).
Author Bio
If the individual obtained after 31st March 2019, does he require to file any KYC form.