Ministry Of Corporate Affairs notified that there is no further extension in the last date of filing of DIR 3 KYC. Accordingly, every director who did not file DIR 3 KYC within the due date of 15 Sep 2018, their DINs will be deactivated with reason ‘Non-filing of DIR 3 KYC’. All filing after the due date will attract a Fee of Rs 5,000.
Summary
- No extension in the last date of filing of DIR 3 KYC Form
- DINs will be deactivated for directors who did not file DIR 3 KYC
- DIR-3 KYC filing will not be available on 16th and 17th Sep 2018
- Directors filing their DIR 3 KYC form after the due date of 15 Sep 2018 need to pay Rs. 5,000 as a penalty to MCA for late filing of DIR 3 KYC
The last date of filing DIR 3 KYC without government fees has expired on 15th Sep 2018. After this date, directors who did not comply with the mandate, their DINs will be deactivated by MCA with reason stating ‘Non-filing of DIR 3 KYC’. A government fee of Rs. 5,000 as a penalty will be charged by MCA for non-compliant directors who did not file by 15th Sep 2018. The process of deactivating DINs by MCA is in progress and it will likely be over by 17th Sep 2018. During these two days, directors cannot file DIR 3 KYC to MCA.
Based on InstaFinancials analysis, over 70% of the directors to lose their DIN status due to non-filing of their Director KYC Form.
Directors whoever have not complied to the Director KYC requirement will not be able to use their DIN for any statutory filings at MCA or incorporate a new company etc. To restore their DIN status to Active, they can file their Director KYC Form with late fee anytime on or after 18 Sep 2018.
All directors who need to file their DIR 3 KYC can reach out to D3KYC Services to file it to Ministry of Corporate Affairs. D3KYC Services helps in the end-to-end process of filing the DIR 3 KYC Form online through a secure channel. A team of Qualified Chartered Accounts provide expert assistance as well as render service in the entire process of filing until the director receives an acknowledgment email from MCA.