Non filing of DIR3 KYC form amounts to Disqualification of Director?

By Anonymous



Non-filing of DIR3 KYC form amounts to Disqualification of Director?



While the Disqualification of Directors is not a new concept, recent action by the Ministry of Corporates Affairs (MCA) under Companies Act, 2013, disqualification has become a talk of the town. Every Individual who were a director of non-active Companies has found out that their DIN is disabled and they are not allowed to be a Director on any other Company in India.

What will be the impact of the non-filing of DIR 3 KYC?

  • All Individual who has not filed DIR 3 KYC, can file the same anytime by paying a one-time filing fee of Rs. 5,000 as ROC Fees.
  • MCA will temporarily deactivate the DIN of the Individual who has failed to fill the KYC form with status as ‘Deactivated due to non-filing of DIR 3 KYC’ and will reinstate the DIN upon the filing of KYC.
  • The Company will not be able to file any forms containing DIN of the Individual whose DIN is deactivated due to non-filing of DIR 3 KYC including INC 22A Form.
  • Further, there are many provisions of the Companies Act, 2013 and the LLP Act, 2008 provides for the requirement of Directors to sign documents under the respective Act with DIN. Now, with the deactivation of DIN, an Individual will not be able to sign any documents under Companies Act, 2013 or LLP Act, 2008 in the capacity as a Director or Designated partner.

We provide you services of Filing of DIR 3 KYC Form


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