According to the Ministry of Corporate Affairs, individuals who were allotted a “Director Identification Number (DIN/DPIN)” on or before March 31, 2018, with an ‘Approved’ status, must submit eForm DIR-3 KYC to update their KYC details on the MCA portal by October 5, 2018. This requirement applies even to disqualified directors.

Starting from the Financial Year 2019-20, it is compulsory for all directors who were allotted a DIN on or before the end of the financial year and whose DIN status is ‘Approved’, to file eForm DIR-3 KYC before September 30 of the immediately following financial year.

For instance, for the financial year 2020-21, directors or partners who received their DIN or DPIN by March 31, 2021, must submit the DIR-3 KYC form before September 30, 2021.

Checklist for Event-Based Compliances for Section 8 Company:

Transfer of shares Appointment or resignation of Directors Appointment or resignation of Auditors Change in the company’s name Amendment to the company’s Memorandum of Association (MOA) Appointment of Key Managerial Personnel Receipt of share application money Any alteration in the company’s structure