DIR-3-KYC is a new E-form to be launched shortly by the Ministry of Corporate Affairs. This form will be used to update KYC of all directors. As per rule 12A of Companies (Appointment and Qualification of Directors) Rules, 2014 AS inserted by Companies (Appointment and Qualification of Directors) fourth Amendment Rules, 2018 applicable w.e.f. 10th July 2018 every individual who has been allotted a Director Identification Number (DIN) 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.
Therefore the form DIR-3 KYC is to be filed by every individual who has been allotted a Director Identification Number (DIN) as on 31st March of a financial year.
For example DIN was allotted to Mr. X 7th July 2018 he would need to file DIR-3 KYC before 30th April 2019
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1. What is the last day to file DIR-3 KYC for directors whose DIN has been allotted on or before 31st March 2018 ?
31st August 2018 is the last date to file DIR-3 KYC by every Director who has been allotted DIN on or before 31st March, 2018 and whose DIN is in ‘Approved’ status.
2. Is it compulsory to file DIR-3 KYC ?
Yes, its mandatory to be filed by all Director who has been allotted DIN on or before 31st March, 2018 and whose DIN is in ‘Approved’ status
EVEN DISQUALIFIED DIRECTORS NEED TO FILE FORM DIR-3 KYC
3. What if someone failed to file form DIR-3 KYC on due time?
After expiry of the due date by which the DIR-3 KYC form is to be filed, the MCA21 system will mark all approved DINs (allotted on or before 31st March 2018) against which DIR-3 KYC form has not been filed as ‘Deactivated’ with reason as ‘Non-filing of DIR-3 KYC’.
4. Can the DIR-3 KYC be filed after 31st August 2018?
Yes, After the due date filing of DIR-3 KYC in respect of such deactivated DINs shall be allowed upon payment of a specified fee only, without prejudice to any other action that may be taken by the MCA.
(This article is written by Kashif Ali, fellow member of ICSI and law graduate. Kashif Ali is into corporate law practice since 2010 in the name of Kashif Ali & Associates (Company Secretaries) at New Delhi. He can be reach at cs.kashifali@gmail.com)
Author Bio
I am the Proprietor of Raja Hardwares for the past 15 years. Now I want to change my business name as Yuvaraja Hardwares as my Proprietary concern. In that case whether I have to collect all my Sundry debtors and to settle my Sundry creditors of Raja Hardwares or my new concern Yuvaraja Hardwares can taken over all sundry debtors, sundry creditors and closing stock of Raja Hardwares. Whether I have to close my GST Registtration of Raja Hardwares and obtain new GST Registration for Yuvaraja Hardwares. – KINDLY CLARIFY
sir i tried to fill DIR-3 but after form check and virifyed my DSC when i cliked on prescrutiny i founded an error (pop up message) that YOUR INCOME TAX PAN NO**********/AADHAR NO-******** ENTERED IS ALREADY EXIST IN THE RECORD AGAINST APPROVED DIN NO********(MY DIN NO).
sir please guide me that where i wrong.
Dear Sir
In case of De-activation of DIN,
What will happened with the current companies in which a person is already a Director.
Sir . We were filing a form in which, while filling the particulars, by mistake, the middle name and last name of the person have been interchanged. The form has been successfully filed after PAN Validation and prescrutiny and the same has been Approved as well. Now what is the way out .. How can we make the changes .. Is filing DIR 6 the only option?
SIR
OUR COMPANY STATUS WITH ROC UNDER PROCESSING OF STRIKE OFF.SHALL WE SUBMIT.DIR3
Hi we tried to file the form but it showing an error saying “Please ensure that the name entered in the form matches with the name of the DSC Holder”
We used the same DSC for incorporating the company that time they had no issues.
The only difference I see is that the name in DIN is as per PAN full form and in DSC is with initials.
As you have mentioned “EVEN DISQUALIFIED DIRECTORS NEED TO FILE FORM DIR-3 KYC”
Please advice how a disqualified director can file this form since his/her DSC is not working on the MCA portal ?
If a director has expired, do we need to file his DIR-3 KYC? Or how can we surrender his DIN?