Note on DIR-3 KYC

DIR-3 KYC

> The Ministry of Corporate Affairs has issued a General Circular No. 07/2019 dated 27^TH June, 2019 and has clarified the following:

a) Every person who has already filed DIR-3 KYC will only be required to complete his / her KYC through a simple web-based verification service, with pre-filled data based on the records in the registry, for ease of verification by the person concerned.

However, in case a person wishes to update his Mobile no. or e-Mail Address, he would be required to file e-form DIR-3 KYC, as this facility of updation is not being proposed in the web-based service.

OR

In case of updation in any other personal detail, first the e-form DIR-6 may be filed for updation of the same and then KYC can be done through the web-based service.

IN SHORT,

-To update only mobile no./email id– e-Form DIR-3 KYC IS required.

-To update any personal detail–  first e-Form DIR-6 and then KYC through the web-based service (including mobile no./email id) is required.

-To verify only– KYC through the web-based service is required.

> Ministry of Corporate Affairs has vide its Notification dated 25th July, 2019, mandated the filing of e-Form DIR–3 KYC for the following –

a) For Individuals to whom DIN was allotted on or before 31^ST March, 2018 and who have filed the said form earlier:

b) For Individuals to whom DIN was allotted on or after 1^ST April, 2018 BUT before 31^ST March, 2019, the individuals are required to file e-Form DIR-3 KYC.

Some important points:

> Due Date for e-Form DIR – 3 KYC / Web-Form DIR-3-KYC-WEB: 30th September, 2019

> MCA Fees for e-Form DIR – 3 KYC and web-Form DIR-3-KYC-WEB:

> Consequence of not filing e- Form DIR – 3 KYC / Web-Form DIR-3-KYC-WEB:

1. Director Identification Number of an individual shall be deactivated.

2. Further, the deactivation of DIN shall continue until the filing of the said form along with Rs. 5,000/- (MCA Fee).