Penalty of 5000/-, If not filed DIR-3 KYC within due date

File your e-Form DIR 3 KYC on time to avoide penlty of Rs 5000/-  effortlessly with Sahyog Tax and Finance Advisory Limited.

What is DIN eKYC Filing (DIR-3 KYC) ?

Ministry of Corporate Affairs (MCA) has introduced a yearly KYC (Know Your Customer) process for all those who hold Director Identification Number (DIN) issued by the MCA. Introduction of yearly KYC is a part of updating the unique Mobile Number and Email ID of all the DIN holders under the MCA System.

As per this KYC process, a person, who holds a DIN (Whether or not he/she is Director of a Company or the status of DIN is disqualified under MCA) has to file the E-Form DIR-3 KYC every year to MCA.

Who Needs to File Form DIR-3 KYC?

Every person who holds a DIN as of 31st March of a Year has to file the KYC on or before 30th September of that year..

• Active Directors: All directors with an approved DIN by March 31 of the previous financial year.
• Disqualified Directors: Even if a director is disqualified, they are still required to complete the KYC process.
• New Directors: Any individual assigned a DIN on or before March 31 of a financial year must file this form.

Even if the holder of DIN is not a Director in any Company, the Filing of DIR-3 KYC is mandatory every year to keep the DIN active. DIR-3 KYC would be mandatory for disqualified directors also.

 Penalty for Non filing of DIR3-KYC

However, delay in filing the DIR3-KYC will attract an additional fee of Rs.5000. Also, if DIN KYC is not filed within the specified time, Ministry will mark the DIN as ‘DEACTIVATED’. Person cannot be appointed as Director in any company if DIN is deactivated.

Types of DIR-3 KYC Forms

The MCA has categorised the DIR-3 KYC filing process into two types on the basis of the previous year’s filing status:

1. DIR-3 KYC e-Form: If you are filing KYC for the first time or if your previously submitted KYC details have changed, such as address, contact number, or email ID, you must use this method to refile the form.
2. DIR-3 KYC Web-Based Verification: If you have already filed DIR-3 KYC in the past and your details have not changed, you can complete the KYC process through a web-based OTP verification using your registered mobile number and email ID.