Registration Rocket
DIN (REGISTRATION / SURRENDER)
DIN Registration/Surrender: DIN provides a unique identification number for directors in India. Registration is needed for new directors; surrender is for those resigning or inactive.
DIN Registration and Surrender in India
Director Identification Number (DIN)
A Director Identification Number (DIN) is a unique 8-digit number issued by the Ministry of Corporate Affairs (MCA) to individuals who intend to become directors of companies in India.
Benefits of Having a DIN
Having a DIN offers several benefits, including:
- Eligibility to be appointed as a director of a company in India.
- Ability to track a director’s history and their association with various companies.
- Requirement for filing various documents with the MCA, such as the annual return, director’s report, and board resolutions.
DIN Surrender
An individual can surrender their DIN if they no longer wish to be a director of any company in India. To do so, they must file Form DIR-5 with the MCA, either online or offline, providing necessary information like their DIN and the reason for surrendering it.
When to Surrender a DIN
A person should surrender their DIN if:
- They no longer wish to be a director of any company in India.
- They have been disqualified from being a director.
- They have been convicted of an offense under the Companies Act, 2013.
Consequences of Not Surrendering a DIN
Failing to surrender a DIN when required can lead to consequences such as non-compliance, penalties for filing delays, legal repercussions, potential disqualification from serving as a director, and ongoing regulatory obligations. Directors are advised to follow the prescribed procedures to surrender their DIN to avoid these consequences.
Conclusion
The DIN is a crucial identification number for directors of companies in India, necessary for filing documents with the MCA and tracking a director’s history and company associations. If a person no longer wishes to be a director, the DIN surrender process is straightforward and can be completed online.
Document Required
Director Identification Number (TWO DIN) (Gov Fees Extra)
Director Identification Number (TWO DIN)
(Gov Fees Extra)
Director Identification Number (Single DIN) (Gov Fees Extra)
Director Identification Number (Single DIN)
(Gov Fees Extra)
Surrender of DIN (Gov Fee Extra)
Surrender of DIN
(Gov Fees Extra)
Frequently Asked Questions
Find answers to common questions about our services.
What is a Director Identification Number (DIN)?
A Director Identification Number (DIN) is an 8-digit unique identification number issued by the Ministry of Corporate Affairs (MCA) to individuals who intend to become directors of companies in India. It is mandatory for anyone aspiring to hold a directorial position in a company.
How can I apply for a DIN?
To apply for a DIN, you need to file Form DIR-3 with the MCA. This form can be submitted online, and you will need to provide proof of identity, proof of residence, and a photograph, along with any additional documents as required by the MCA.
What are the benefits of having a DIN?
Having a DIN allows you to be appointed as a director of a company in India. It helps in tracking your history and association with various companies, and it is required for filing several documents with the MCA, such as annual returns, director’s reports, and board resolutions.
How do I surrender my DIN if I no longer want to be a director?
If you no longer wish to be a director, you can surrender your DIN by filing Form DIR-5 with the MCA. This form can be filed online or offline and requires you to provide your DIN and the reason for surrendering it.
What happens if I do not surrender my DIN when required?
If you fail to surrender your DIN when required, you may face non-compliance issues, penalties for filing delays, legal repercussions, potential disqualification from serving as a director, and continued regulatory obligations. It is essential to follow the prescribed procedures to avoid these consequences.
Can a disqualified director reapply for a DIN after disqualification?
Once a director is disqualified, they are typically prohibited from holding a directorial position for a specified period. After the disqualification period ends, they may reapply for a DIN, provided they meet the necessary eligibility criteria and comply with any additional requirements set by the MCA.
