The Ministry of Corporate Affairs of India has issued a notification that it would be conducting KYC (Know Your Customer) verification for the Directors of all companies through a new eForm DIR-3 KYC. By filing DIR-3 eKYC form the Director is expected to provide his personal mobile number and personal email address that would be verified with an OTP code.
Applicability to file the DIR Form
Any director who was allotted a DIN, that was approved, by or on 31st of March 2018 will have to submit his KYC details to the MCA by the 30th of June 2019. This procedure is made mandatory for the disqualified director as well.
Checkpoints in filing the form
- Providing the personal mobile numbers and E-Mail IDs of the directors for verification.
- Director is required to use his own digital signature while filling the form.
- Form to be certified by a practicing CA or CS.
Applicable fees
Currently, there is no fee for KYC filed before provided the director has been allotted DIN on or before 31st March with approval status. If in any case, the DIN is deactivated, the applicant can file form again after 3oth June with a late fee of ₹ 5000.
Guidance on filing your DIR-3 KYC Form
Follow the following steps to file your KYC Form:
- Download the form from the MCA Website.
- Provide the DIN Details
- Enter relevant details like the name of the applicant, nationality, declaration of age, address, verification of PAN, etc.
- Updating Contact Details and OTP verifications
Required attachments
- Permanent address proof
- Copy of Adhaar Card
- Copy of passport
- Proof of present address
Delay in form filling
If in any case, the director who is supposed to file the e-form of KYC does not do the needful before the scheduled date, the MCA department will mark the DIN of such directors as 'Deactivated' with a reason described as 'Non-filing of DIR-3 KYC'.
If the director wishes to re-activate his DIN in future by filing the missed out e Form DIR-3 KYC, he can do so after paying a late fee of ₹ 5,000 rupees.
