DIR-3KYC/KYC-WEB

Prashant Panda 09 Dec 2019 13,653 Views 0 comment Print Company Law | Articles

The Companies (Appointment and Qualification of Directors) Third Amendment Rules, 2019 came into force w.e.f 25^th July, 2019 to amend the provisions related to KYC of directors. Following are the detail procedure :-

1. For those who had filed DIR-3-KYC once.

Those directors who holds DIN and had filed DIR-3KYC only needs to file a web service form named DIR-3-KYC-WEB (in case there is no change in information which was filed previously with Form DIR-3-KYC.)

If there is any change in personal mobile no. and/or e-mail ID, then the same shall be updated by filing using Form DIR-3-KYC only.

If along with address there is change in mob no. and e-mail address, then the director directly can file his/her KYC through DIR-3-KYC.

The last date for filing the Form DIR-3-KYC or DIR-3-KYC-WEB is 30^th September every year after the end of financial year.

No filing fee is payable in case of filing within due date i.e. 30^th September

In case of delayed filing a fee of Rs. 5,000/- is payable.

2. For those who were allotted DIN between 31-03-2018 till 31-03-2019

For all those who were allotted DIN between 31-03-2018 till 31-03-2019 have to file DIR-3-KYC and verification through OTP is applicable to them.

The last date for filing the Form DIR-3-KYC is 30^th September every year after the end of financial year.

No filing fee is payable in case of filing within due date i.e. 30^th September

In case of delayed filing a fee of Rs. 5,000/- is payable.

Non filing of DIR-KYC /DIR-3 KYC-WEB will leads to de-activation of DIN . The same can be re-activated after payment of Rs 5000/-

Status of after the DIN is/are de-activated

In case the DIN is de-activated due to non filing of DIR-KYC3 /KYC WEB , then the DSC of said director can not be used for any filing purpose .
In case “ all” the DINs are de-activated due to non-verification then the company can appoint a director and DIR-12 can be filed .
If the DINs of all the directors are de-activated due to any disqualification u/s 164, a director can be appointed and DIR-12 can be filed .
If the DIN is de-activated due to non compliance of DIR-KYC3 , the said director is not “ Disqualified “ and can very well attend the meeting and will continue on the Board . However his /her resignation /cessation can not be filed unless DIRKYC is made complied with.