Tag Archives: DIN

Ease to surrender DIN


Now, Ministry of Corporate Affairs introduced relatively easy and online e – form for surrendering director identification.

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Changes in DIN particulars


Change is truth of life and life always moves on. This may result in change in particulars specified in Director Identification Number records.

Rule 12 facilitate intimation of these changes in particulars in DIN records.

Every individual who has been allotted a Director Identification Number under these rules shall, in the event of any change in his particulars as stated in Form DIR – 3, intimate such change(s) to the Central Government within a period of thirty days of such change(s) in Form DIR – 6 in the following manner, namely;-

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Cancellation or surrender or Deactivation of DIN


Rule 11 of the Companies (Allotment and Qualification of Directors) Rules 2014 talk about cancellation or surrender or deactivation of Director Identification Number (DIN).

The Central Government or Regional Director (Northern Region), Noida or any officer authorised by the Regional Director may, upon being satisfied on verification of particulars or documentary proof attached with the application received from any person, cancel or deactivate the DIN in case –

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Form for Director Identification Number


DIR – 3 Form Version updated on 02-June-2014

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Allotment of Director Identification Number


Every individual intending to be appointed as director of a company shall make an application for allotment for Director Identification Number (DIN) to the Central government. [Section 153]

Rule 9 of the Companies (Allotment and Qualification of Directors) Rules 2014 laid down the manner for the Application of Director Identification Number.

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MULTIPLE DIRECTOR IDENTIFICATION NUMBERS


Recently, Subramanian Swamy had filed complaint against Priyanka Vadra for possessing multiple DINs. Subramanian Swamy had also complained against Karti Chidambaram. This put social media on storm during elections but storm is not over with elections. Daily, social media teams of all parties unearth some new names with multiple DINs.

After new government sworn in centre, name of many ministers is open over twitter. This was discussed over social media that Nitin Gadkari has six DINs as well. Piyush Goyal who himself is a Chartered Accountant, has two DINs.

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DIRECTOR IDENTIFICATION NUMBER


After promoters and subscriber to memorandum of a proposed company proposed directors are most important persons for a proposed company. Once, a promoter selects proposed first directors of a company, first legal step is to check whether they have a director identification number. Incorporation documentation asks to disclose name of proposed first directors of a company.

We have already discussed the law related to Director Identification Number in an earlier post here. However, we still need to understand some legal procedures as mentioned in the relevant Rules also.

Every individual intending to be appointed as director of a company shall make an application for allotment for Director Identification Number (DIN) to the Central government. [Section 153]

This application shall be made electronically in Form DIR -3 of the Companies (Appointment and Qualification of Directors) Rules 2014. [Rule 9]

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