Glossary
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Form DIR-3

What is Form DIR-3?

Form DIR-3 is an application form that is used for the allotment of Director Identification Number (DIN) which is a unique identification number assigned to the directors of a company. The Ministry of Corporate Affairs (MCA) has made it mandatory for every individual who intends to be appointed as a director in an existing company to apply for the allotment of DIN using Form DIR-3.

The purpose of Form DIR-3 is to ensure that all directors of a company are identified and have a unique identification number. This helps in maintaining transparency and accountability in the corporate sector. The form has an instruction kit and a version updated on 24-Apr-2016. More information about Form DIR-3 and related e-forms for different purposes and services can be found on the MCA website.

Eligibility Criteria for Form DIR-3

To apply for a Director Identification Number (DIN), an individual must file Form DIR-3 with the Ministry of Corporate Affairs. The eligibility criteria for Form DIR-3 are as follows:

Director Identification Number Requirements

To obtain a DIN, an individual must meet the following requirements:

  • Must be an Indian citizen.
  • Must have a valid PAN card.
  • Must not have been declared as a disqualified director by the Ministry of Corporate Affairs.
  • Must not have been convicted of any offence and sentenced to imprisonment for a period of more than six months.

Applicant Eligibility

The following individuals are eligible to apply for a DIN:

  • An individual who intends to be appointed as a director in an existing company.
  • An individual who intends to incorporate a new company.
  • An existing director of a company who does not have a DIN.
  • It is important to note that a DIN is a unique identification number assigned to an individual who is a director of a company. It is mandatory for all directors to have a DIN, and failure to obtain one can result in legal action against the company and its directors.

Documentation and Filing Process  

Required Documents for Submission

Before filing the DIR-3 form, the applicant must ensure that they have the following documents in order to complete the submission process:

  • Self-attested copy of PAN card
  • Self-attested copy of Aadhaar card
  • Passport-sized photograph
  • Proof of identity and address (such as passport, voter ID, driving license, or utility bill)
  • For foreign nationals, a passport is mandatory as proof of identity and address. All documents must be in PDF format and less than 2 MB in size.

Step-by-Step Filing Procedure

To file the DIR-3 form, follow these steps:

  1. Visit the Ministry of Corporate Affairs (MCA) website and log in to your account.
  2. Click on the "e-Form" tab and select "DIR-3" from the dropdown menu.
  3. Fill in the required details, including personal information, contact details, and educational qualifications.
  4. Upload the necessary documents, including a passport-sized photograph, proof of identity and address, and PAN card.
  5. Pay the required fee through the MCA portal.
  6. Submit the form and wait for the DIN to be allotted.
  7. It is important to note that the DIN allotted through the DIR-3 form is valid for a lifetime and can be used for multiple directorship positions. However, it is mandatory to update the KYC details of the DIN holder on an annual basis through the DIR-3 KYC form.

Frequently Asked Questions

What documents are needed to file Form DIR-3?

To file Form DIR-3, one needs to have a valid Director Identification Number (DIN) and a PAN card. These documents are mandatory to complete the filing process.

How can one download the Form DIR-3 PDF?

The Form DIR-3 PDF can be downloaded from the Ministry of Corporate Affairs (MCA) website. It is also available on various other websites that provide legal forms.

What is the purpose of Form DIR-3 KYC?

The purpose of Form DIR-3 KYC is to update the KYC details of a director in the MCA database. This is mandatory for all directors who have been allotted a DIN on or before 31st March of a financial year.

Is it mandatory for a Chartered Accountant to be involved in the filing of Form DIR-3 KYC?

No, it is not mandatory for a Chartered Accountant to be involved in the filing of Form DIR-3 KYC. However, it is recommended to seek professional help to ensure that the form is filled out correctly and all the necessary documents are attached.