Latest Updates In Dir 3 KYC

What is DIN?

Each person who wants to become a director of a corporation or a designated partner in an LLP is given a special director identification number. Describe DIN KYC. Each and every DIN holder must complete KYC. Every DIN holder who was in possession as of the end of the fiscal year in March is required to comply with DIN KYC annually. DIN KYC must be completed by submitting the Form

DIR-3 MCA to KYC date of due?

Director KYC must be filed by September 30 of the immediately following fiscal year; for example, if a person has a DIN as of March 31, 2022, then FORM DIR-3 KYC must be submitted on or before September 30, 2022.

As part of updating its registry, MCA would be conducting DIN KYC of all Directors of all companies annually through the filing of form DIR-3 KYC/DIR-3 KYC Web various director KYCs.

1. Web-based: Any DIN holder who has previously submitted their KYC in E Form DIR-3 KYC may complete their annual KYC through the DIR-3 KYC web service. Internet service There is no price, but after the deadline, a fee of Rs. 5000 must be paid, and KYC must be completed by filing form DIR-3 KYC.

2. Form-based: Upon first holding a DIN, each holder must submit DIN KYC by submitting form DIR-3 KYC (Fresh DIN). And each director who wishes to modify the KYC information included in a previously filed form must file Form DIR-3 KYC.

Accordingly, every Director who has been allotted DIN on or before 31st March 2022 and whose DIN is in Approved status would be mandatorily required to file form DIR-3 KYC/DIR-3 KYC Web.

While filling out the form, the Unique Personal Mobile Number and Personal E-mail ID would have to be mandatorily indicated and would be duly verified by One Time Password (OTP).

Filing of DIR 3 KYC would be mandatory for Disqualified Directors also.

Important Documents:

Documents Required, if DIN allotted between 01st April 2021 to 31st March 2022:

1. DSC of Director duly registered;
2. Self-attested PAN card;
3. Self-attested Aadhar card with an updated Mobile number with UIDAI;
4. Self-attested Electricity Bill, Mobile Bill, and Bank Statement of Director (latest by 2 Months) of his / her present address;
5. Latest Passport size photo

Consequences

After the expiry of the due date by which the KYC form is to be filed, the MCA21 system will mark all approved DINs as deactivated with a reason as Non- filing of DIR 3 KYC.

After the due date filing of DIR 3 KYC in respect of such deactivated DINs shall be allowed upon payment of Rs. 5,000/- only, without prejudice to any other action that may be taken.

Penalty and Other Repercussions

The 30th day of September is the deadline for directors who are obliged to file the DIR-3 KYC form. If they fail to do so, their DIN will be marked as “Deactivated owing to non-filing of DIR-3 KYC,” and their status will remain Deactivated until KYC is completed with a charge of Rs. 5000. All KYC documents must be attested by professionals, according to the rule (CS, CA, CMA). Verified: OTP generated over the director’s specified personal email address and mobile number must be used for verification.

FAQ’s on Dir 3 KYC

Is submitting Dir 3 KYC annually required?

Every Director who was assigned a DIN on or before the end of the financial year and whose DIN status is “Approved” would be mandated to file form DIR-3 KYC before the 30th of September of the immediately following financial year, starting with the fiscal year 2019–20.

What is the Dir 3 KYC 2022 due date?

For the fiscal year 2022–2023, everyone who received a “Director Identification Number (DIN/DPIN)” on or before March 31, 2022, and whose DIN status is “Approved,” must submit Form DIR-3 KYC by October 5, 2022, in order to update their KYC information in the system.

How can I change my directors’ KYC?

The user must sign in to the MCA Portal and update his KYC by validating the OTP on both his email and mobile device. Submit the form after checking, then create the challan. In the case of web-based DIR-3 KYC, no professional qualification is necessary.

What’s more?

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