FAQs On DIR-3 KYC of MCA for Approved DIN

FAQs On DIR-3 KYC of MCA for Approved DIN 1. Who is required to file DIR-3 KYC form For Financial year 2018-19 - Any person who has been all

CA Deepak Gupta

Apr 19, 2019

Last update on Apr 19, 2019

FAQs On DIR-3 KYC of MCA for Approved DIN 1. Who is required to file DIR-3 KYC form

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 15th September 2018.

For Financial year 2019-20 onwards - Every Director 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.

After expiry of the respective due dates, system will mark all non-compliant DINs against which DIR-3 KYC form has not been filed as Deactivated due to non-filing of DIR-3 KYC.

2. Which details are required to be filled in the form

Name (as per PAN database), Fathers Name (as per PAN database), Date of Birth (DoB) (as per PAN database), PAN Number (mandatory for citizens of India),Personal Mobile number and Personal Email Address and Permanent/ Present address.

Further, Aadhaar is mandatory, if it is assigned. If not, then Voter ID or Passport or Driving Licence shall be attached. Accordingly, copy of any one of the above selected information is to be attached.

3. Is it mandatory to enter a unique mobile number and email ID in form DIR-3 KYC

Yes. It is mandatory to enter your personal mobile number and personal email ID in the form DIR-3 KYC and the same has to be verified by an OTP process. Further, the mobile number and email ID must be unique such that it is not already linked with some other person in the DIN holders database.

4. How does the OTP functionality in DIR-3 KYC work

Send OTP button will be enabled only after successful Pre-scrutiny of the form. After successful Pre-scrutiny, user has to click on Send OTP button.

5. Who are the signatories in DIR-3 KYC form

The DIN holder and a professional (CA/CS/CMA) certifying the form are the two signatories in form DIR-3 KYC.

Please note that in case of Citizens of India, the PAN mentioned in the DSC is verified with the PAN mentioned in the form. In case of foreign nationals, the name in the DSC affixed should match with the name entered in the form. DSCs affixed on the form should be duly registered on the MCA portal. 6. I am a disqualified director, am I required to file form DIR-3 KYC

Yes. Any person who has been allotted DIN and where the status of such DIN is Approved, is required to file form DIR-3 KYC. Hence, disqualified directors are also required to file form DIR-3 KYC.

7. What is the fee for form DIR-3 KYC

Form DIR-3 KYC, if filed within the due date of the respective financial year, no fee is payable. However, if filed after the due date, for DIN status Deactivated due to non-filing of DIR-3 KYC a fee of Rs.500(Rupees Five Hundred Only) shall be payable from 21st September to 05th October 2018(Both days inclusive). From 06th October onwards a Fee of Rs.5000(Rupees Five Thousand Only) becomes payable.

8. My DIN status is Deactivated. Can I file form DIR-3 KYC

Form DIR-3 KYC can be filed for status Deactivated due to non-filing of DIR-3 KYC on payment of fee as above.

9. Whether details entered in the form DIR-3 KYC will update DIN Holders database

Yes. All information as entered in the form DIR-3 KYC shall be updated in the DIN holders database.

10. Whether multiple filing of form DIR-3 KYC is allowed

System will not allow multiple filing of form DIR-3 KYC for an applicant. In case KYC is already filed for a DIN, and such DIN is entered again, system throws an error that the form is already filed.

11. Whether non-resident directors can provide Indian mobile numbers

In case the DIN holder is a resident of India, the address must be an address in India and mobile number must be an Indian mobile number.

In case DIN holder is non-resident, foreign address and foreign number shall only be allowed. 12. What attachments to provide for proof of address

Please refer to Instructions kit of DIR-3 KYC.

13. Why is the Send OTP button disabled What is the validity of OTP

Send OTP button remains disabled till successful pre-scrutiny of the form. After successful pre-scrutiny, the form must be saved and only after saving the form, the Send OTP button gets enabled.

Further, please note that, once OTP is successfully sent to the valid mobile number and email ID entered in the form, Send OTP button gets disabled. OTP is valid for 30 minutes. 14. OTP not received on email. Why is it so

You may check the Spam folder in your mailbox for the OTP received.

15. With reference to the Companies (Registration Offices and Fees) Fifth Amendment Rules, 2018 dated 20th September 2018, please clarify whether my DIN which was Deactivated due to non-filing of DIR-3 KYC would be Reactivated automatically

No. Every DIN holder whose DIN has been Deactivated due to Non-filing of DIR-3 KYC has to necessarily file DIR-3 KYC first along with applicable fee. Once the form (DIR-3 KYC) is filed, it is approved on STP basis. On approval, the system will automatically reactivate the DIN. Non-compliant DINs status would remain Deactivated due to Non-filing of DIR-3 KYC.

16. What is the time limit for filing DIR-3 KYC in respect of a DIN which is under the status Deactivated due to Non-filing of DIR-3 KYCwith a fee of Rs.500(Rupees Five Hundred Only)

As per above rules, in such cases, DIR-3 KYC can be filed from 21st September 2018 till 5th October 2018(both days inclusive) with a fee of Rs.500.

17. When will the fee of Rs.5000(Rupees Five Thousand only) become payable applicable

As per above rules, all cases of DIR-3 KYC filed from 6th October 2018 onwards will attract a fee of Rs.5000.

18. I have multiple DINs and have not have filed DIR-3 KYC for any of the DINs. I want to surrender the DIN but while Filling the form DIR-3 KYC, the DIN is not getting prefilled. Please suggest.

In case you have multiple DINs then you need to retain the oldest DIN and surrender all the latest DINs by filing DIR -5 eform. Please download the latest form DIR-5 from portal and try again.

19. I have multiple DINs and intend to surrender them. Also, I have not filed DIR-3 KYC for any of the DINs. Since my DIN is not getting prefilled, so should I file DIR-3 KYC first so that DIR-5 eform can be filed to surrender the DIN

You are required to file DIR-5 first indicating therein all the DINs that you need to surrender (latest ones) and retain the oldest DIN. Please download the latest form DIR-5 from portal and try again.

20. I have two DINs and had filed DIR-3 KYC for the latest DIN. Now when I am trying to file DIR-5 form to surrender, DIN is not getting prefilled. Please guide.

Please download the latest form DIR-5 from portal for applying surrender of DIN entering therein the Oldest DIN in field no. 4 and the DIN to be surrendered (latest DIN) in field no. 5 of the form. Once your form is approved, all the associations with surrendered DIN would be automatically transferred to the oldest DIN retained.

About Author

CA Deepak Gupta

Co Founder

CA Deepak Gupta,is Co-founder of Studycafe. He is Microsoft Office Specialist and Corporate Trainer of AI Tools, Microsoft Excel. He is Finance Influencer having more than 250K followers on Social Media. CA Deepak Gupta, is Having more than 14 plus years of experience, and he has Worked with best brands Like, Hero, Wipro, Ericsson before Starting Studycafe. He has Trained more than 20000 Persons in Microsoft Excel, PowerPoint, Power BI, Google Sheet, Google Forms and Other Tools.