Director identification number (DIN) in Detail.

WHAT IS DIRECTOR IDENTIFICATION NUMBER (DIN)

Director identification number or DIN is required for registration for incorporating a company or become a director of an existing company in India.

Procedure of obtaining a DIN number:

DIN number can be obtained by living persons only, who wish to become director of any company. This can be done by filling DIN-1 form on the website of Ministry of corporate affairs- MCA.

Documents required for DIN number are-

1. Passport size photograph of the applicant
2. Identity proof of the applicant-
3. PAN card for Indian national and,
4. Passport for foreign nationals.
5. Address proof of the applicant

To obtain a DIN number, after filling of the form by the applicant, the document must be signed by the applicant. As the process is online there shall be a digital signature. After doing that, they will provide you with digital signature certificate. The form for this is available on MCA’s website, one can download the form and fill the details and upload the documents and payment of fees is to be made.

DIN is valid throughout the life time of the applicant.

Provisional DIN number-

When one applies for DIN number, if there is any mistake in filling of the form a provisional DIN number is also provided. The defect is in the regular process or application by the applicant. In cases, when DIN is application can be re-filled with corrections, or with chartered accountant or company secretary signature in 15 days from time of resubmission notice.

DIN is allotted to create a database for all the directors, to authenticate the existence of directors in companies and held them legally liable if dispute arises, to avoid financial scams, fake companies, fake directors, etc.

Rejection of DIN application

There can be several reasons that a DIN application may be rejected. Some of them are listed below:

1. Incomplete information provided by the applicant
2. Supporting documents are not valid or improper
3. Information written in abbreviated form
4. Prefixes attached to the name
5. Personal information and documents submitted do not match
6. Fee payment procedure not completed
7. Any other guideline not followed.

One can correct the mistakes and apply again for the same.

DIN is an important aspect of any company registration – let that be LLP, Private Limited or OPC. One person company as the name suggests is a private company started only by one individual who per se is also the director. For incorporation of this company, it needs to register by the ROC also DIN needs to gotten. For this all of the process Company Vakil, provides a platform for all the clients to get this process of submitting documents, filling of certain forms, getting company registered with all the necessary requirements, getting DIN number, Company Vakil takes up this task. One can just contact on the website and all the further procedures will be dealt by the members of Company Vakil.

SUMMARY:

DIN number is for directors of the company. To become the director of the company, a DIN number is given by MCA by filing form and making due payment. This is a one-time process. There are a few basic documents required to be submitted and also one if there is rejection of application for DIN, one can correct the mistake and apply again.