MINISTRY OF CORPORATE AFFAIRS

NOTIFICATION

New Delhi, the 5th July, 2018

G.S.R. 615(E).—In exercise of the powers conferred under second proviso to sub-section (1),  sub-section (4), clause (f) of sub-section (6) of section 149, sub-section (3) and (4) of section 150, section 151, subsection (5) of section 152, section 153, section 154, section 157, section 160, sub-section (1) of section 168 of and section 170 read with section 469 of the Companies Act, 2013 (18 of 2013), the Central Government hereby makes the following rules further to amend the Companies (Appointment and Qualification of Directors) Rules, 2014, namely: -   

1. (1) These rules may be called the Companies (Appointment and Qualification of Directors) fourth Amendment Rules, 2018.    

(2) They shall come into force from 10^th  July, 2018.  

2. In the Companies (Appointment and Qualification of Directors) Rules, 2014,

3. (i) The rule 11 shall be renumbered as sub-rule (1) thereof and after sub-rule(1) as so renumbered, the following sub-rules shall be inserted, namely:-  

"(2) The Central Government or Regional Director (Northern Region), or  any officer authorised by the Central Government or Regional Director (Northern Region) shall, deactivate the Director Identification Number (DIN), of an individual who does not intimate his particulars  in e-form DIR-3-KYC  within stipulated time in accordance with Rule 12A.

(3) The de-activated DIN shall be re-activated only after e-form DIR-3-KYC is filed  along with fee as prescribed under Companies (Registration Offices and Fees) Rules, 2014.  

2. after rule 12, the following shall be inserted, namely:-  

“12A Directors KYC:-   Every individual who has been allotted a Director Identification Number (DIN) as on 31^st March of a financial year as per  these rules shall, submit e-form DIR-3-KYC to the Central Government  on or before 30^th April of immediate next financial year.

Provided that every individual who has already been allotted a Director Identification Number (DIN)  as at 31^st March, 2018, shall submit e-form DIR-3 KYC on or before 31^st August, 2018.”;

3. In the Annexure after Form DIR-3 the following Form shall be inserted:-

FORM NO.DIR-3-KYC          

[F. No. 01/22/2013 CL-V (Pt-III)]

K. V. R. MURTY, Jt. Secy.

Note : The principal notification was published in the Gazette of India, Part II, Section 3, Sub-section (i) vide number G.S.R. 259(E), dated 31^st March, 2014 and subsequently amended vide the following notifications:-