LAST DATE REACHING TO FILE DIR-3 KYC

COMPANY REGISTRATION SERVICES

LAST DATE REACHING TO FILE DIR-3 KYC

As per the provisions of Rule 12A of the Companies (Appointment and Qualification of Directors) Rules, 2014, All DIN holders who holds a valid DIN as on 31st March, 2020 or before, must  file their DIR-3 KYC form till 30th September, 2020. If any DIN holder fails to do so within given time frame, has to pay a required penalty while using his DIN.

Now, various questions are being arised in the minds and here we have tried our best to provide you answer of all your queries.

VARIOUS QUERIES RELATED TO DIR-3 DIN KYC

Q. What is the Penalty if I fails to do so?
A. Penalty is Rs. 5000/- flat.

Q. What are the documents required for same?
A. You need to provide following documents:

(a)  PAN Card
(b) Any ID Proof (Voter card/ Driving License/ Aadhar Card/Passport) [Note: If Person is a    valid holder of            Aadhar Card and Passport, then they are mandatory to be provided]
(c) Any Address Proof (Latest Electricity Bill/ Bank statement/ Mobile Bill/ Telephone Bill)

Q. We did our DIN-KYC last year, do we need to do now again?
A. Yes, DIN-KYC Needs be done every year.

Q. Can we do it on our own?
A. First time KYC can only be done with the help of professional, later on you may do the same but you need to have a valid account on ministry website.

Q. Why do we need to provide OTP, is this safe?
A. If you are getting OTP from official MCA Source, then there is no harm to share. That is just to verify your Mobile no and mail id.

Q. I couldn’t get my DIN-KYC done last year, so I need to pay Penalty?
A. Till 30th Sep, 2020, there is no penalty on KYC for any year.

Q. What is the Govt fee for DIN-KYC?
A. Govt fee is “NILL”

Q. My Professional is asking me a huge amount for same, should I pay?
A. Fee is totally depends upon professional to professional, decision should be yours only.

Q. I gave my different mobile no last year, but now my Mobile no or mail id has been changed, what should I do?
A. Professional needs to fill form DIR-3 KYC and and can update the details accordingly.

Regards

CS Ranjeet Gola
Practicing Company Secretary
+91 9557758422/ cs.ranjeetgola@gmail.com

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