If you are a Director without DIN or going to be a Director in a company, you have to have your Directors Identification Number (DIN). Currently, we have to fill form in physical form, attach supporting documents, take a DD and send to the DIN processing center. You have to wait to know whether your DIN is allotted or not. You will query later on, which will drag the process of getting a DIN.
Lot of representations have been received by the Ministry that the documents required to be submitted should be simple to prove the existence/residence of a person, who intend to become a director of a company.
The Ministry of Corporate Affairs on 4th March, 2011 issued a circular simplifying the procedure for getting the DIN. Following is the extract of the same:
- 1. Application for DIN will be made on eForm ; No physical submission of documents shall be accepted and for this purpose Scanned documents along with verification by the applicant will be attached with the eForm. Only online fee payment will be allowed i.e. No challan payment.
- The application can also be submitted online by the applicant himself using his DSC.
- DIN 1 eForm can be digitally signed by the professional who shall also confirm that he has verified the particulars of the Applicant given in the application.
- Where the DIN 1 is verified by the professional, the DIN will be approved by the system immediately online.
- In other cases the DIN cell will examine the application and same shall be disposed of within one or two days.
- Companies (Directors Identification Number) Rules, 2006 are being amended on the above lines.
- Penal action against the applicant and professional certifying the DIN application in case of false information / certification as per provisions of section 628 of the Act will be taken in addition to action for professional misconduct and revocation of DIN, allotted on false information.
- The above procedures is expected to enable allotment of DIN on the same day.
- The above procedures applies to filing of DIN 4 intimating changes in particulars of Directors.
So, if you have proper documentation and the professional certifies your credentials, you get your DIN almost on the same day.
Process improvements and usage of internet is on a big way in government departments. This will improve the efficiency of the system, reduction of time, transparency etc.,
Wishing more and more such improvements.
Cheers,
Gopal
5 comments:
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