DIN Reactivation - Filing Form DIR-3 KYC

Director Identification Number (DIN) is an essential identifier for anyone aspiring to be a director in Indian companies, issued by the Ministry of Corporate Affairs (MCA). It's crucial for maintaining a record of an individual's involvement in corporate governance. Directors are required to update their KYC details annually through the DIR-3 KYC form with the MCA. Failure to do so leads to the deactivation of the DIN, which restricts their ability to function in corporate roles. To reactivate a deactivated DIN, directors must file the DIR-3 KYC form, sometimes with a late fee, depending on the delay.

This can be a bit complicated and time-consuming. That's where IndiaFilings comes in. We specialise in helping directors to done DIN reactivation easily. Our team guides you through each step on how to reactivate DIN number, handles the paperwork, and offers advice to ensure you can get back to your director duties quickly and without hassle.

Director Identification Number (DIN)

A Director Identification Number (DIN) is a compulsory requirement for a company's current and prospective directors. This 8-digit Unique Identification Number is assigned to directors following the guidelines established by the amendment to the Companies Act. Once issued, a DIN remains valid for the lifetime of the director.

What is Form DIR-3 KYC?

Form DIR-3 KYC is an electronic form mandated by the Ministry of Corporate Affairs (MCA) to update the KYC (Know Your Customer) details of individuals who have been allotted a Director Identification Number (DIN).

Applicability

Form DIR-3 KYC is a mandatory filing requirement under the Companies (Appointment and Qualification of Directors) Rules, 2014. It applies to individuals allotted a Director Identification Number (DIN) by or before March 31st, 2018, and whose DIN status is 'approved'.

Purpose of DIR-3 KYC (Know Your Customer)

The purpose of this form is to conduct the annual KYC (Know Your Customer) process for directors and must be submitted to the Registrar of Companies (ROC). This form is essential for maintaining current and accurate director information with the ROC, including addresses, contact numbers, and email addresses.

Annual Deadline for Filing Form DIR-3 KYC

The deadline for filing Form DIR-3 KYC is set as September 30th of each year. However, this due date is subject to any extensions that may be granted.

Types of DIR-3 KYC Forms

DIR-3 KYC eForm

First-time filers of DIR-3 KYC must use the eForm DIR-3 KYC, accessible on the MCA (Ministry of Corporate Affairs) portal. This form is also required for existing filers updating their mobile number or email address.

DIR-3-KYC-WEB

The DIR-3 KYC web form is a simplified version available for DIN holders who have previously filed a DIR-3 KYC eForm. Accessible through the MCA web service, this form streamlines the filing process by pre-filling most of the information, making annual DIR-3 compliance more efficient.

Penalty for Non-Filing of DIR-3 KYC

A fine of INR 5,000 is imposed on individuals who fail to comply with the filing requirement within the stipulated timeframe.

DIN Deactivation

If a director fails to submit e-Form DIR-3 KYC by the 30th of September on the MCA 21 portal, their Director Identification Number (DIN) will be marked as 'Deactivated due to Non-filing of DIR-3 KYC' by the department.

DIN Reactivation

Every holder of a Director Identification Number (DIN) whose DIN has been deactivated due to non-compliance with the DIR-3 KYC filing requirement must file the e-form DIR-3 KYC or complete the KYC process through the designated web service, along with paying the applicable fee. This need to be done for DIN reactivation.

• After the DIR-3 KYC form is submitted, it undergoes a Straight Through Processing (STP) for approval.
• Upon successful approval, the system automatically reactivates the deactivated DIN. This process ensures that all directors maintain up-to-date KYC information as per regulatory requirements.

Documents Required

The following documents are required to file DIR-3 KYC for DIN reactivation process:

• Digital Signature Certificate (DSC): Class-2 DSC linked to the individual's PAN.
• PAN Card: Provide a self-attested copy of the PAN card.
• Proof of Address: Submit a self-attested copy of an Aadhar Card, Voter’s ID Card, or Driving License.
• Photograph: A self-attested passport photograph is required and mandatory for foreign nationals.
• Contact Verification and Personal Details for DIR-3 KYC
• Mobile Number & Email Address: A unique personal mobile number and email address for OTP verification purposes.
• Additional Personal Details: Information regarding Citizenship, Nationality, and Residential Status.

Streamline Your DIN Reactivation Process with IndiaFilings

At IndiaFilings, we offer comprehensive assistance at every stage of the DIN reactivation process through DIR-3 KYC form filing:

DIN Application Support

Our team guides you get the DIR-3 KYC form, ensuring you have the correct version for DIN holders with deactivated numbers.

We help you accurately fill in your DIN on the form. If your DIN was deactivated due to previous non-submission, we assist in the reactivation process, including paying any late fees. We completely guide you through on how to reactivate DIN number.

Form Completion Guidance

Our experts ensure your personal information is accurately entered, including your name as per your PAN card, father's name, nationality, date of birth, and residential address details.

PAN Verification Process

We facilitate the PAN verification process, ensuring your details match the PAN database. For foreign nationals without a PAN, we ensure that the name on the form aligns with your DSC. Contact Information Update and Verification

Our team aids in updating your contact details and guides you through the OTP verification process for your mobile number and email address.

Document Attachment Support

We assist in preparing and attaching self-attested copies of your PAN, address proof, photograph, and any other necessary documents, ensuring clarity and compliance.

Digital Signature

IndiaFilings assists in obtaining and applying the required digital signature from a recognised professional to authenticate your form. Form Submission

Our team thoroughly reviews your form for accuracy and completeness before guiding you through the submission process on the MCA portal.

SRN Generation and Follow-up

After submission, we help track your Service Request Number (SRN) for future references and correspondence with the MCA. Email Confirmation Tracking

We monitor and confirm the receipt of the acknowledgement email from MCA, ensuring your DIR-3 KYC form submission is successful.

Additional Support

IndiaFilings provides reminders and assistance for annual compliance, ensuring timely and hassle-free submissions in subsequent years using the DIR-3 KYC Web service on the MCA portal.

With IndiaFilings, you can be assured of a smooth and guided experience in reactivating your DIN and staying compliant with MCA regulations.

Contact Our Experts Today to Reactivate Your DIN easily!