MCA Updates: Directors to submit their KYC to MCA

MCA would be conducting KYC of all Directors of all companies annually through a new eform viz. DIR-3 KYC to be notified and deployed shortly.

Update 25/07/2018: Click here for more detailed information on DIN KYC

Following points to be kept in mind in this regard by every director.

1. Every Director who has been allotted DIN on or before 31st March, 2018 and whose DIN is in ‘Approved’ status, would be mandatorily required to file Form DIR-3 KYC on or before 31st August, 2018.

2. While filing the form, the Unique Personal Mobile Number and Personal Email ID would have to be mandatorily indicated and would be duly verified by One Time Password (OTP). 

3. The form should be filed by every Director using his own DSC and should be duly certified by a practicing professional (CA/CS/CMA). 

4. Filing of DIR-3 KYC would be mandatory for Disqualified Directors also.

5. After expiry of the due date by which the KYC form is to be filed, the MCA21 system will mark all approved DINs (allotted on or before 31st March 2018) against which DIR-3 KYC form has not been filed as ‘Deactivated’ with reason as ‘Non-filing of DIR-3 KYC’. 

6. After the due date, filing of Form DIR-3 KYC in respect of such deactivated DINs shall be allowed upon payment of a INR 5,000 only, without prejudice to any other action that may be taken.

7. While filing form, a person is required to use PAN based DSC in case of Indian national, whereas in case of foreign national, applicant's name in DSC should be matched with name mentioned in Passport.

You can find below copy of notification.

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