The MCA has issued General Circular No. 5/2011 dated 04.03.2011 and has re-examined the process of allotment of Director's Identification Number ("DIN") to be obtained under section 266B of the Companies Act, 1956. It has stated that the present process is cumbersome and time consuming and based on representations received that the documents r e q u i r e d t o b e s u b m i t t e d s h o u l d b e s i m p l e t o p r o v e t h e existence/residence of a person who intends to become a director of a company. Pursuant to the recommendations of the Group constituted to examine this, and in order to speed up and simplify the process to obtain a DIN, the following procedure is recommended : • Application for DIN will be made on e-Form and that 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 e-Form. 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 e-Form 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 systemimmediately online. • In other cases the DIN cell will examine the application and same shall be disposed of within one or two days. It is clarified that penal action will be taken as per provisions of section 628 of the Act against the applicant and the professional certifying the DIN application in case of false information / certification in addition to action for professional misconduct and revocation of DIN allotted on false information. In this manner, allotment of DIN will take place on the same day. This procedure will also apply to filing of DIN 4 for intimating changes in particulars of Directors. The above procedure will be applicable fromthe date of issue of a notification for the purpose which is being separately issued.
DIN PROCESS – SIMPLIFIED -mca21