Overview of the DIR-3 KYC process, which is crucial for ensuring compliance with the MCA regulations:
DIR-3 KYC Overview
1. Requirement to File DIR-3 KYC Form
- Eligibility: Directors who have been allotted a DIN on or before the end of the financial year and whose DIN status is ‘Approved’.
- Deadline: Must file the form before 30th September of the immediately next financial year. For instance, for FY 2022-23, the deadline was 30th September 2023.
2. Who Must File e-Form DIR-3 KYC
Mandatory Filing: Any director allotted a DIN on or before 31st March 2018 with an approved DIN status.
- Disqualified Directors: Also need to comply.
3. Types of DIR-3 KYC Process
e-Form DIR-3 KYC: For first-time filers or those needing to update their details.
- DIR-3 KYC Web Service: For directors who have previously filed and need no updates.
4. Due Date and Penalty for Non-Compliance
Due Date: 30th September of the immediately next financial year.
Penalty: Non-compliance results in the DIN being deactivated until the KYC is completed with a late fee of Rs. 5000.
5. Documents Required
Permanent Account Number (PAN)
- Aadhaar Card
- Passport (for foreign nationals)
- Driving License
- Personal Mobile Number and Email ID
- Proof of Residential Address
- Details of Citizenship, Gender, Date of Birth
6. Step-by-Step Filing Process
1. Login to MCA Website:
– Sign in or register on the MCA website.
2. Enter Mobile Number and Email:
– Access the ‘Form DIR-3 KYC’ or ‘Form DIR-3 KYC Web’ under ‘MCA Services’. Enter your DIN, mobile number, and email. Submit the OTPs received.
3. Enter Details:
– Fill in personal details, including name, father’s name, nationality, date of birth, gender, PAN, Aadhaar number, and addresses. Web service users will have pre-filled data.
4. Attach Documents and Certification:
– Upload required documents, declare the information’s accuracy, and digitally sign the form. A practicing CA, CS, or Cost Accountant must also digitally sign and certify the form.
5. Submit Form:
– Click ‘Submit’ after ensuring all details are correct.
6.Post-Submission Process
– SRN Generation: Upon successful submission, an SRN will be generated for tracking.
– Email Communication: Confirmation of receipt will be sent to the personal email ID. Filing is complete upon receiving this email.
This structured process ensures that directors remain compliant with MCA regulations and avoid penalties.
