KYC for Directors – Form DIR-3 introduced – Last Date 31st August 2018

DIRECTORS KYC, NOW MANDATORY

Key Highlights:

1. Existing Directors as on 31st March 2018 need to update KYC by 31st August 2018;

2. Directors obtained DIN (Directors Identification Number) after 31st March 2018 will file KYC Compliance Form on or before 30th April of next financial year.

3. Penalty is – Monetory – Rs.5000/- & De-activation of DIN

4. Director should file the Form using own Digital Signatures;

5. As per this provisions, now Foreign Nationals Directors are also required to have digital signature;

6. Documents Required
       
1. DSC of Director duly registered;

2. Self-attested PAN card;

3. Self-attested Aadhar Card;

4. Mobile Number;

5. Self-attested Electricity Bill/ Mobile Bill/ Bank statement of Director (latest 2 Months) of his/her present address;  5 . DIN declaration cum KYC.

Detailed notification is attached herewith

Companies (Appointment and Qualification of Directors) 4th Amendment Rules, 2018.

http://www.mca.gov.inb/Ministry/pdf/CompaniesAppointmentQualificationRules_06072018.pdf

DIR-3 KYC Will be deploy from 10.07.2018.

Regards

CS Manish K Bansal

CS Archana Bansal

Resource by : http://globizassociates.com/kyc-for-directors-form-dir-3-introduced-last-date-31st-august-2018

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