MCA Notification on DIR 3 KYC

MCA Notification on DIR 3 KYC




The Ministry of Corporate Affairs vides its Notification no. G.S.R. 528(E) dated 25th July 2019, has amended Rule 11(2) of The Companies (Appointment and Qualification of Directors) Rules, 2014.



The text of Rule 11 sub-rule 2 shall be substituted as:

The Central Government or Regional Director (Northern Region), or any officer authorized by the Central Government or Regional Director (Northern Region) shall, deactivate the Director Identification Number (DIN), of an individual who does not intimate his particulars in e-form DIR-3-KYC  or the web service DIR-3-KYC-WEB as the case may be within stipulated time in accordance with rule 12A.


The text of Rule 11 sub-rule 3 shall be substituted as:

The de-activated DIN shall be re-activated only after e-form DIR-3-KYC or the web service DIR-3-KYC-WEB as the case may be is filed along with fee as prescribed under Companies (Registration Offices and Fees) Rules, 2014.



Further, Rule 12A shall be substituted as:

12A Directors KYC

Every individual who holds a Director Identification Number (DIN) as on 31st March of a financial year as per these rules shall submit e-form DIR-3-KYC for the said financial year to the Central Government on or before 30th, September of immediate 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.

Provided further  that where an individual who has already submitted e-form DIR-3 KYC in relation to any previous financial year, submits web-form DIR-3 KYC-WEB through the web service in relation to any subsequent financial year it shall be deemed to be compliance of the provisions of this rule for the said financial year:

Provided also that in case an individual desires to update his personal mobile number or the e-mail address, as the case may be, he shall update the same by submitting e-form DIR-3 KYC only.

Provided also that fee for filing e-form DIR-3 KYC or web-form DIR-3 KYC-WEB through the web service, as the case may be, shall be payable as provided in Companies (Registration Offices and Fees) Rules, 2014.


 

DIR 3 KYC: Analysis

Before Amendment

After Amendment

Remarks

Rule 11(2) The Central Government or Regional Director (Northern Region), or any officer authorised by the Central Government or Regional Director (Northern Region) shall, deactivate the Director Identification Number (DIN), of an individual who does not intimate his particulars in e-form DIR-3-KYC within stipulated time in accordance with rule 12A

Rule 11(2) The Central Government or Regional Director (Northern Region), or any officer authorized by the Central Government or Regional Director (Northern Region) shall, deactivate the Director Identification Number (DIN), of an individual who does not intimate his particulars in e-form DIR-3-KYC 3 or the web service DIR-3-KYC-WEB as the case may be within stipulated time in accordance with rule 12A

New web service was introduced on the website of MCA as DIR-3-KYC-WEB

Rule 11(3) The de-activated DIN shall be re-activated only after e-form DIR-3-KYC is filed along with fee as prescribed under Companies (Registration Offices and Fees) Rules, 2014.

Rule 11(3) The de-activated DIN shall be re-activated only after e-form DIR-3-KYC or the web service DIR-3-KYC-WEB as the case may be is filed along with fee as prescribed under Companies (Registration Offices and Fees) Rules, 2014.

DIN shall be re-activated by filing through web-based service DIR-3-KYC-WEB along with fees of Rs. 5000/-

Rule 12A

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.

 

Provided that every individual who has already been allotted a Director

Identification Number (DIN) as at 31st March 2018, shall submit eform DIR-3 KYC on or before 31st August 2018.

Rule 12A

Every individual who holds a Director Identification Number (DIN) as on 31st March of a financial year as per these rules shall submit e-form DIR-3-KYC for the said financial year to the Central Government on or before 30th, September of immediate 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.

 

Provided further  that where an individual who has already submitted e-form DIR-3 KYC in relation to any previous financial year, submits web-form DIR-3 KYC-WEB through the web service in relation to any subsequent financial year it shall be deemed to be compliance of the provisions of this rule for the said financial year:

 

Provided also that in case an individual desires to update his personal mobile number or the e-mail address, as the case may be, he shall update the same by submitting e-form DIR-3 KYC only.

Provided also that fee for filing e-form DIR-3 KYC or web-form DIR-3 KYC-WEB through the web service, as the case may be, shall be payable as provided in Companies (Registration Offices and Fees) Rules, 2014.

 

 

1.    Earlier the due date of submitting DIR-3 KYC was April 30 which is now extended to September 30 of immediate next financial year.

2.    For the DIN holders as on March 31, 2018, the due date was already extended to October 5, 2018.

3.    The new proviso is inserted to clarify that the individuals who have already submitted e-form DIR-3 KYC in relation to any previous financial year, then they are required to submit web-form DIR-3 KYC-WEB if there is no change in the details already submitted in the previous year.

4.    In case there is any change in the e-mail address or mobile number then the individual is required to file e-form DIR-3 KYC only.




Steps for DIR-3 KYC - WEB based verification:

  1. Log in to your MCA Account
  2. Navigate to MCA Services - DIN services - DIR 3 KYC WEB
  3. Enter DIN No. to be verified by MCA
  4. Generate OTP's for email ID & mobile no.
  5. Enter the OTP's in the respective boxes
  6. Confirm the Details of Person (whose DIN was entered) appearing on the screen.
  7. Click SUBMIT
  8. Generate a Zero Rupee Challan
  9. Check SRN status for confirming the KYC verification.


DIR 3 KYC: Conclusion

 Every individual holding DIN as on March 31 of a Financial Year is required to submit e-form DIR-3 KYC by September 30 of immediate next financial year.

Further, those individuals who have already filed DIR-3 KYC in a previous financial year, they are required to confirm the details through DIR-3KYC web-based service if there is no change in the email ID or mobile no. submitted earlier in e-form DIR-3 KYC. In the case of any change in the email ID or mobile no., individuals are required to file e-form DIR-3 KYC.


DIR 3 KYC: Penalty

Any individual who is required to file KYC details in e-form DIR-3 KYC or DIR-3 KYC web-based services has not submitted the same by September 30, 2019, then their DIN  shall be marked as “Deactivated due to non-filing of DIR-3 KYC”.

Further, to re-activate the DIN the individual holding DIN is required to submit the details through e-form DIR-3 KYC or DIR-3 KYC web-based service with payment of additional fees of Rs. 5000/-

 

 

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