Director kyc last date 2021: Avoid Deactivation of Director Identification Numbers by MCA

Last Updated On: July 11, 2021, 1:49 p.m.
...

The director kyc last date 2021 is 30.09.2021 , it is highly recommended to get it done timely alongwith the Annual complianc of your Company or LLP as there is a penalty of INR 5000 per DIN.

Whether DIN KYC is required for Directors holding DIN but are not the part of any Company/LLP?

Yes, this is pertinent to note that the KYC is required even for the directors who have no current association with any of the LLPs or Companies. 

Click here to Complete your KYC within next 24-48 hours.

 

The Ministry of Corporate Affairs (MCA) deactivated 19,40,313 Director Identification Numbers (DINs) from the MCA21 Database due to non-filing of Know Your Client  (KYC), as on 31.12.2020 and some 500000 DINs as on 31.03.2021. This was stated by Shri Anurag Singh Thakur, Minister of State for Finance & Corporate Affairs, in a written reply to a question in Rajya Sabha.

The Minister further stated that the MCA21 Database does not contain information regarding employment details of directors/DIN holders. Informing the House, the Minister stated that the terms “Ghost Directors” and “Shell Companies” are not defined in the Companies Act, 2013.

However, during the Financial Year 2017-18 and 2018-19, Registrar of Companies (ROCs) had struck off 3,38,963 companies u/s 248 of the Companies Act, 2013 for failing to file Financial Statements or Annual Returns and total number of 4,24,454 directors were disqualified  under the provisions of section 164(2)(a) read with Section 167(1) of the Companies Act, 2013.
 

ABOUT LEGAL SUVIDHA

Copyright © 2019 - All Right Reserved