ROC COMPLIANCE

Who has to file eForm DIR-3 KYC?
As per MCAs recent announcement, any director who was allotted a DIN by or on 31 March 2018 and whose DIN is in approved status, will have to submit his KYC details to the MCA. Further, this procedure is mandatory for the disqualified directors too.
What are the checkpoints involved in filing the eForm DIR-3 KYC?

Every Directors unique personal mobile number and email address will have to be provided while filing the eForm. This number and email address will be verified by an OTP (one-time password).

The second check implanted here would be that the director has to use his own digital signature while filing this eForm.

Further, the third test to ensure that complete and right information is provided will be that the eForm should be certified by a practising Chartered Accountant or Company Secretary, or Cost and Management Accountant.

What Happens if the eForm DIR-3 KYC is not filed within the Due Date specified?
For FY 2017-18, in cases where a director who is supposed to file the e-Form does not file it by the 5 October 2018 (the extended due date) on MCA 21 portal, the department will mark the DIN of such director as 'Deactivated due to Non-filing of DIR-3 KYC'.
If the director wishes to re-activate his DIN in future by filing the missed out eForm DIR-3 KYC, he can do so after paying a late fee of Rs 5,000. This fee would be payable on or after October 5, 2018. This form needs to be filed annually by the directors.