Director KYC

What is Director E-KYC?
Director E-KYC is process of updating of Director KYC

Need of Director KYC?
After happening of many fraud case when govt tried to trash defaulter then found that Director had changed there address.

Effective date of KYC?
E-KYC started from 14 July 2018

What is governing law for Director E-KYC?
Director E-KYC introduced through Companies(Appointment and Qualification of Directors) Fourth Amendment Rules, 2018
A new Rule added after Rule 12 named Rule 12A which is
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 e-form DIR-3 KYC on or before 31st August, 2018.”;

Is it mandatory ?
Yes it is mandatory to file Director KYC

What if not filed ?
In case of non filing DIN shall be deactivated and also attract penalty of RS. 5,000/-

In which Form Director KYC is to be filed ?
MCA introduced a new form Dir-3KYC in consultation with central govt.

Documents Required for Director E-KYC

1. PAN
2. Aadhar
3. Passport (mandatory if have passport)
4. Residential Address Proof ( Bank statement , Mobile Bill, Utility Bill)
5. Permanent Address Proof ( Voter ID, Driving Licence)
6. Personal mail id
7. Personal mobile Number

Benefit of Director E-KYC

1. Saving of Penalty
2. Protection From Deactivation of DIN