Surrender of Director Identification Number (DIN)
A Director Identification Number (DIN) is a unique number allotted to an individual who intends to become or who is a director of a Company.
Surrender of DIN
The Central Government or Regional Director (Northern Region), Delhi or any officer authorised by the Regional Director may, upon being satisfied on verification of particulars or documentary proof attached with the application received along with fee as specified in Companies (Registration Offices and Fees Rules, 2014) from any person, cancel or deactivate the DIN in case:
As per Rule 11(f) –
When a person made application in DIR-5 for surrender of DIN to RD has to insure that:
What is the Procedure for Filing E-form DIR-5?
Any person who wishes for surrendering a DIN can file E-form DIR-5 with MCA, following information that must be provided:
What Documents are required?
Note: No Director can have multiple DIN, Every Director can have only one DIN. DIN can either be surrendered by Director or ROC can deactivate or cease DIN if opted through fraudulent practice.
Certification of E-form DIR-5:
Form must be signed by any of the following Practicing professionals:
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Disclaimer: The entire contents of this document have been prepared on the basis of relevant provisions and as per the information existing at the time of the preparation. Although care has been taken to ensure the accuracy, completeness and reliability of the information provided, I assume no responsibility therefore. Users of this information are expected to refer to the relevant existing provisions of applicable Laws. The user of the information agrees that the information is not a professional advice and is subject to change without notice. I assume no responsibility for the consequences of use of such information. IN NO EVENT SHALL I SHALL BE LIABLE FOR ANY DIRECT, INDIRECT, SPECIAL OR INCIDENTAL DAMAGE RESULTING FROM, ARISING OUT OF OR IN CONNECTION WITH THE USE OF THE INFORMATION.
Author- CS Aakansha Negi and can be contacted at csaakanshanegi@gmail.com
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