DIR-3 KYC Filing FY 2019-20

MCA had started procedure to collect KYC of director of all companies by mode of DIR-3 KYC form For FY 2019-20. This form shall have information of directors address, email ID , current mobile number and other supporting documents such as PAN , Address proof etc.

Companies (Appointment and Qualification of Directors) Third Amendment Rules, 2019 have been notified w.e.f 25th July 2019 in respect of DIR-3 KYC.

As per the said notification:

1. eForm DIR-3 KYC is to be filed by an individual who holds DIN and is filing his KYC details for the first time or by the DIN holder who has already filed his KYC once in eform DIR-3 KYC but wants to update his details.
2. Web service DIR-3-KYC-WEB is to be used by the DIN holder who has submitted DIR-3 KYC eform in the previous financial year and no update is required in his details.
3. Every person who holds DIN/DPIN as on 31^st March of the financial year, he has to submit Form DIR-3-KYC or DIR-3 KYC-WEB for the said financial year on or before 30^th September of the immediate next financial year.

Stakeholders may plan accordingly.

For Financial year 2019-20 onwards – Every Director who has been allotted DIN on or before the end of the financial year, and whose DIN status is ‘Approved’, would be mandatorily required to file form DIR-3 KYC before 30th April of the immediately next financial year on or before 30th September, 2019

After expiry of the respective due dates, system will mark all non-compliant DINs against which DIR-3 KYC form has not been filed as ‘Deactivated due to non-filing of DIR-3 KYC’.

Below are key points of DIR-3 KYC FY 2019-20

• Every Director who received DIN before 31-03-2018 has to file
• Form shall be verified by Mobile based OTP
• For shall have ID and address proof of directors
• Form need to certified by professional Chartered Accountant/CS/CMA.
• For Non filing Late fee shall be applicable

Due Date For Filing of DIR-3 KYC FY 2019-20

Due date for filing of DIR-3 KYC is 30 September,2019. Where directors fail to update the form the Minister of corporate affairs shall automatically deactivate DIN number. Hence after DIN deactivation directors shall be able use DIN in company MCA compliance and changes.  The online system of MCA21 shall show such DIN as inactive. DIN can be made active with payment for of late/penalty fees , same yet to be announced by MCA.

Late Fees for DIR-3 KYC filing

List of documents required for Filing DIR-3 FY 2019-20

List of documents required for filing of DIR-3 KYC shall be as below

ID proof and Address proof

• PAN Card (Self & Professional Attested)
• Aadhar Card / Voter ID / Passport / License (Self & Professional Attested)
• Digital Signature Certificate ( DSC )
• Personal Mobile No.
• One Passport size photo
• Personal E-Mail address

Kindly give attention, directors OTP shall be sent by MCA21 system which shall be valid for period of 20 mints.