Meaning and legal framework of Director Identification Number (DIN)Ankitasahu60
DIN stands for Director Identification Number, which is issued by the Central Government to anybody who wishes to become a director or who is already a director of a firm. The notion of Director Identification Number (DIN) will be discussed in this article based on some important topics.
Meaning and legal framework of Director Identification Number (DIN)Ankitasahu60
DIN stands for Director Identification Number, which is issued by the Central Government to anybody who wishes to become a director or who is already a director of a firm. The notion of Director Identification Number (DIN) will be discussed in this article based on some important topics.
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a) Identify a financial objective of the selected entity (e.g. Investment, Buying a land or vehicle, Start a project or course etc.)
b) Take necessary nominal and compound rates (lending rates, saving rates etc.)
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The norm in Nigeria with regards to recruitment of unemployed persons is that majority of recruitment agencies make promises of employment to unsuspecting job seekers which in most cases are non-existent and demand high consulting fee for such unscrupulous service. It is then crucial for companies or organizations keen on operating recruitment service as a recruitment agency or to function as a recruiter in any capacity in Nigeria to comply with the provisions of the Labour Act, CAP L1, LFN 2004, and obtain a RECRUITERS LICENSE from the Ministry of Labour and Employment.
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New Procedure for getting Director identification number
1. GROWEALTH CONSULTANCY SERVICES
Ne w P r o c e d u r e f o r g e t t i n g D ir e c t o r Id e n t if ic a t io n Nu m b e r
The concept of a Director Identification Number (DIN) has been introduced with
the insertion of Sections 266A to 266G of Companies (Amendment) Act, 2006. As
such, all the existing and intending Directors have to obtain DIN.
As per the revised procedure for DIN Allotment, any person intending to apply for
DIN shall have to make an application in eForm DIN 1 and should follow the
following procedure:
Step by step Process
1. Download the e-Form DIN-1 from the MCA portal and fill the necessary details
of the applicant (offline filling).
2. Attach the Passport size photograph in jpg format
3. Attach the scanned copy of supporting documents i.e. proof of identity, and
proof of residence as per the guidelines. Physical documents are not required to
submit at DIN cell.
4. Attach Verification document signed by the applicant. The format of
verification by the applicant for applying for allotment of Director Identification
Number (DIN) shall be downloaded from MCA portal.
5. The eForm shall have to be digitally signed and shall be uploaded on MCA21
portal. If the applicant does not have digital signature, then practicing
professional or by the Managing Director/ existing director of the Company in
which the applicant is a Director or the Company Secretary in full time
employment of the Company can sign the form and upload,
6. The applicant is required to get himself/herself registered on the MCA21 Portal
to obtain login id, which is necessary for payment of the fees. After obtaining the
login-id, Login to the MCA21 portal and click on 'eForm upload' link available
under the 'eForms' tab for uploading the eForm DIN 1.
SF-2, Lokesh Tower, No.37 (old No.18) Kodambakkam High Road,Nungambakkam, Chennai – 600 034,
Ph: 9094048000 / 2827 2555, Email: contactgrowealth@gmail.com
2. GROWEALTH CONSULTANCY SERVICES
7. Upon upload, Pay the fees for DIN1 eForm. Only electronic payment of the fees
shall be allowed (I.e. Netbanking / Credit Card). No challan payment will be
accepted under revised procedure of DIN allotment. eForm DIN-1 will be
processed only after the DIN application fee is paid.
8. Upon upload and successful payment,
• In case Form DIN 1 is signed by a practicing professional and details have
not been identified as potential duplicate, Approved DIN shall be generated
and if the details have been identified as potential duplicate, Provisional
DIN shall be genrated.
• In case Form DIN 1 is signed by an applicant or by the Managing Director/
existing director of the Company in which the applicant is a Director or the
Company Secretary in full time employment of the Company, or details
have been identified as a potential duplicate, provisional DIN shall be
generated.
9. Processing of e Form DIN 1
In case, DIN 1 gets certified by the professional ( i.e. CA/ CS/ CWA in whole time
practise), the DIN will be approved by the system immediately online(in case it is
not potential duplicate).
In case of signing by any other signatory (i.e. director/ Managing Director/
secretary of the company with which applicant is to be associated), the MCA DIN
cell will examine the e Form DIN 1 and same shall be disposed of within one or
two days.
10. Intimate approved DIN to your Companies
On approval of DIN, intimate your DIN to all the company (ies) (within a period of
30 days from the date of approval) in which you are a Director, in form DIN-2.
Form DIN-2 can be downloaded and printed from the 'DIN' link on the homepage
of MCA portal.
SF-2, Lokesh Tower, No.37 (old No.18) Kodambakkam High Road,Nungambakkam, Chennai – 600 034,
Ph: 9094048000 / 2827 2555, Email: contactgrowealth@gmail.com
3. GROWEALTH CONSULTANCY SERVICES
11. Company to intimate your DIN to ROC
After the Director has intimated the DIN allotted to the company(ies). The
Company(ies) is/are then required to intimate the DINs of its directors to the ROC
in Form DIN-3 within a period of seven days of receiving form DIN-2.(Filing of DIN-
3 is applicable only in cases, where the date of appointment of director(s) in such
company(ies), is prior to September 1 , 2007)
12. Post-approval changes in particulars of DIN-1
If there is any change in the particulars submitted in form DIN-1, applicant can
submit e-form DIN-4 online. For instance in the event of change of address of a
director, he/ she is required to intimate this change by submitting eform DIN-4
along with the required attested documents.
If you want apply for Director Identification Number, Please Contact us
Growealth Consultancy Services
SF-2, Lokesh Tower,
No.37 (old No.18) Kodambakkam High Road
Nungambakkam
Chennai – 600 034
Ph: 9094048000 / 2827 2555
Email: contactgrowealth@gmail.com
SF-2, Lokesh Tower, No.37 (old No.18) Kodambakkam High Road,Nungambakkam, Chennai – 600 034,
Ph: 9094048000 / 2827 2555, Email: contactgrowealth@gmail.com