3 August, 2018
Ministry of Corporate Affairs (MCA) introduced a new form – DIR-3 KYC to conduct annual KYC for the existing directors (including disqualified directors) who have been allotted Director Identification Number (DIN) on or before March 31, 2018 and whose DIN is in 'approved' status on or before August 31, 2018. The due date for filing the form is before August 31, 2018 (Due Date).
The form should be filed by every Director using his own DSC and should be duly certified by a practicing professional (CA/CS/CMA).
After expiry of the Due Date, the MCA will mark all approved DINs (allotted on or before March 31, 2018) against which DIR-3 KYC forms have not been filed as 'deactivated' with reason as 'non-filing of DIR-3 KYC'.
After the Due Date, filing of DIR-3 KYC in respect of such deactivated DINs would be allowed upon payment of a specified fee.
For further information, please contact:
Lisbeth Lanvers-Shah, Partner, DS Avocats
lanversshah@dsavocats.com
