prpri eform Dir-3 KYC (Director KYC) Filings on Annual Basis eform Dir-3 KYC (Director KYC) Filings on Annual Basis

As per Ministry of Corporate Affairs, if any person has been allotted ‘Director Identification Number’ as on 31st March of a financial year as per these rules shall submit e-form DIR-3-KYC to the Central Government on or before 30th April of immediate next financial year.

It should be done before 30th April of the immediately next financial year.

Provided that every individual who has already been allotted a Director Identification Number (DIN) as at 31st March 2018, shall submit e-form DIR-3 KYC on or before 5th October 2018.”

However, the DIR-3 KYC e-form presently available on the portal does not cater for the following:

  • Filing on an annual basis, and
  • Filing in respect of DINs allotted post 31 March 2018. It presently caters only to those individuals who were allotted DINs as on 31st March 2018 and whose DINs have been marked as ‘Deactivated due to non-filing of DIR-3 KYC’.

Stakeholders may please note that DIN holders are required to file the DIR-3 KYC form every year so that they are aware of and confirm the data & information as available in the MCA21 system.

As per MCA, the objective of making the form more user-friendly, the form is presently being modified to enable pre-filling of data & information so that annual filings can be done by DIN holders in a simple and user-friendly manner.

The revised form, which will be shortly deployed, can be filed without any fee within a period of 30 days from the date of deployment. Accordingly, DIN holders who had filed DIR-3 KYC form earlier and complied with the said provisions may kindly await the deployment of the modified form for fulfilling their compliance requirements.

After expiry of the respective due dates, the system will mark all non-compliant DINs against which DIR-3 KYC form has not been filed as ‘Deactivated due to non-filing of DIR-3 KYC’.

In case you have multiple DINs then you need to retain the oldest DIN and surrender all the latest DINs by filing DIR -5 e-form.

Which details are required?

  • Copy of Pan Card
  • PAN Number
  • Personal Mobile number
  • Personal Emai
  • Permanent/ Present address.
  • Aadhar Card (Mandatory) – Back and Front both
  • DIN ( Director Identification Number )

What happens if eForm DIR-3 KYC is not filed within the specified due date?

If a Director, fails to file eform DIR-3 KYC before the expiry of the due date, then MCA21 system will mark his/her DIN as ‘De-activated’ with reason as ‘Non-filing of DIR-3 KYC’. However, the de-activated DIN shall be re-activated only after eform DIR-3 KYC is filed along with payment of Rs. 5000.

In order to avoid any delay which would result in payment of Rs. 5000, the Directors are advised to file the same before the due date.

Author Bio

More Under Company Law

Leave a Comment

Your email address will not be published. Required fields are marked *

Search Posts by Date

July 2021