#MCA - KYC for all Individuals holding DIN – DIR-3 KYC
As per new amendment in Companies Act, 2013, all the Individuals holding valid DIN are required to update their KYC with the Ministry of Corporate Affairs (MCA) by filing e-form DIR-3 KYC annually. The basic purpose of the latest amendment is that MCA wants to update its records with verified information about all the directors. Who are required to file Form DIR-3 KYC ? For Financial year 2018-19 - Any person who has been allotted “Director Identification Number (DIN/DPIN)” on or before 31st March 2018 and the status of such DIN is ‘Approved’, needs to file form DIR-3 KYC to update KYC details in the system on or before 31st August 2018. For Financial year 2019-20 onwards - Every Individual who has been allotted DIN on or before the end of the financial year, and whose DIN status is ‘Approved’, would be mandatorily required to file form DIR-3 KYC before 30th April of the immediately next financial year. What if Individual fails to file the DIR 3 KYC Fo...