Changes in Rules related to filing of DIR-3-KYC

The Companies (Appointment and Qualification of Directors) Rules, 2014 has been amended as per the notification dated 25^th July,2019. These rules are called Companies (Appointment and Qualification of Directors) Third Amendment Rules, 2019 and has brought about some changes in the Directors KYC filing.

CHANGE IN RULE 11

Earlier in Rule 11 sub (2) and (3) the words e-form DIR-3 KYC was written. This amendment inserts the words” e-form DIR-3-KYC-WEB as the case may be” has been inserted.

CHANGE IN RULE 12A-FILING OF DIR-3-KYC

Companies (Appointment & Qualification of Directors) Rules, 2014

Companies (Appointment and Qualification of Directors) Third Amendment Rules, 2019

As per the rules, every individual who has been allotted a Director Identification Number (DIN) as on 31^st March of a Financial Year is required to submit e-form DIR-3-KYC to the Central Government on or before 30^th April [changed to June by Companies (Appointment and Qualification of Directors) Amendment Rules,2019 as on 30.04.2019] of the immediate next Financial Year. Provided that every individual who has been allotted a DIN as at 31^st March,2018,shall submit e-form DIR-3-KYC on or before 5^th October,2018.

The words “who has been allotted” is substituted by the words “who holds”.

The words “submit e-form DIR-3-KYC to the Central Government on or before 30^th June of the immediate next Financial Year.” Is substituted by on before “submit e-form DIR-3-KYC for the said financial year to the Central Government on or before 30^th September of the immediate next Financial Year”.

Additional Provisos:

1.Provided further that where an individual who has already submitted e-form DIR-3-KYC in relation to previous Financial Year, submits web-form DIR-3-KYC-WEB in relation to subsequent financial year it shall be deemed to be compliance of the provisions of this rule for the said financial year.

2. Provided where the individual desires to update his personal mobile number or e-mail address, as the case may be, he shall update the same by submitting e-form DIR-3-KYC only.

3.Provided that the fee for filing e-form DIR-3-KYC or we form DIR-3-KYC-WEB through web service shall be payable as per Companies (Registration Offices and Fees Rules),2014.