What is Director E-KYC?

Executive E-KYC is procedure of updation of Director KYC

Need of Director KYC?

Subsequent to occurring of numerous extortion situation when govt attempted to waste defaulter at that point found that Director had changed there address

Compelling date of KYC?

E-KYC began from 14 July 2018

What is administering law for Director E-KYC?

Chief E-KYC presented through Companies(Appointment and Qualification of Directors) Fourth Amendment Rules, 2018

Another Rule included after Rule 12 named Rule 12A which is

Each person who has been apportioned a Director Identification Number (DIN) as on 31st March of a money related year according to these principles will, submit e-structure DIR-3-KYC to the Central Government at the very latest 30th April of quick next budgetary year. Given that each person who has just been designated a Director Identification Number (DIN) as at 31st March, 2018, will submit e-structure DIR-3 KYC at the very latest 31st August, 2018.”;

Is it obligatory ?

Truly it is obligatory to document Director KYC

Imagine a scenario where not recorded ?.

If there should arise an occurrence of non recording DIN will be deactivated and furthermore draw in panalty of Rs. 5,000/ –

In which Form Director KYC is to be recorded ?

Dir-3KYC this is new structure presented by MCA in meeting with Central Govt