According to the Ministry of Corporate Affairs (MCA), all directors holding a Director Identification Number (DIN) must comply with the DIR-3 KYC filing annually by ensuring transparency accountability, and regulatory compliance within the corporate ecosystem.
Directors with a DIN: Whether they are actively involved or not, need to file the DIR-3 KYC form.
DIN Holders without Filings: They must complete the DIR-3 KYC filing process even if there is no director.
Directors can meet their legal obligations towards the MCA and maintain good corporate governance practices.
MCA can maintain an accurate database of directors, enhancing transparency and preventing fraud.
Non-compliance with DIR-3 KYC filing can lead to penalties, disqualification, or deactivation of DIN, posing risks to reputation and operations.
