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DIRECTOR KYC UPDATE

Director identification number (DIN) refers to a unique identification number of 8 digits allotted to an individual who is willing to become a director or is an existing director of a company. MCA vide amendment of Companies (Appointment and Qualification of Directors) Rules, 2014 came with a new initiative of updation of KYC of directors in order to have transparency. MCA has mandated for all individuals having DIN to submit their KYC details in e-Form DIR 3 KYC every year.





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