- March 18, 2024
- Posted by: admin
- Category: Corporate Laws
LEGAL FRAMEWORK
| Governing Act | : | Companies Act, 2013 |
| Governing Rule | : | Rule 12A of Chapter XI the Companies (Appointment and Qualifications of Directors) Rules, 2014 |
IS IT MANDATORY FOR FILING KYC OF DIRECTORS
Every individual holding Director Identification Number (DIN) shall submit their KYC details annually in the e-form DIR-3 KYC / DIR-3 KYC (WEB) with the central Government
FORMS & TIMELINES
| Form | Purpose | Timelines |
| DIR-3 KYC | First time KYC / Updating of Changes in particulars of Directors | on or before 30th September of immediate next financial year |
| DIR-3 KYC (WEB) | Expect First time Compliance |
FREQUENTLY ASKED QUESTIONS – FAQ’S
Q1: Status of filing KYC details of an Individual who holds DIN but is not a director in any company as on date.
Ans: It doesn’t matter that as on date if an individual is director or not in any company, if any individual holds DIN, then such individual is required to provide KYC details in DIR-3 KYC e-form or Web form
Q2. If an individual for first time obtained DIN before 31st March
Ans: If any Individual Obtained DIN in any financial year but before 31st march (say on 13.03.2022) then he need to file e-form DIR-3 KYC on or before 30th September of immediate next Financial Year (due will be 30.09.2022)
Q3. If an individual for first time obtained DIN after 31st march
Ans: If any Individual Obtained DIN in any financial year after 31st march (Say on 30.06.2022) then he need to file e-form DIR-3 KYC on or before 30th September of immediate next Financial Year (due will be 30.09.2023)
Q4. When to File DIR-6.
Ans: Any change in the particulars of an individual to whom DIN has been allotted is required to intimate such changes to the Central Government within a period of 30 days of such changes in Form DIR-6.
Note: Any Change with respect to personal mobile number or the e-mail address then such changes to be intimated by submitting e-form DIR-3 KYC only.
Q5. Filing of web-form DIR-3 KYC-WEB
Ans: Any individual who has obtained DIN and who has already submitted e-form DIR-3 KYC in relation to any Previous Financial Year then in relation to any subsequent financial year he can submit web-form DIR-3 KYC-WEB
Note: If there are any changes to be made with respect to personal mobile number or the e-mail address of any individual who has DIN in any Financial Year then such changes to be intimated only through e-Form DIR-3 KYC.
