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Combination of DIN With DPIN

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DIN is an 8-digit unique identification number valid for life that’s required of people seeking to become directors of companies. DINs are awarded when applicants file Form DIR-3 along with any required fees on the MCA21 portal and submit it with payment of fees. Once received, the Central Government and its delegated authority review their application under various rules, including Section 154 of the Companies Act and Rule 9 of Companies (Appointment and Qualification of Directors) Rules 2014. Once processed, most applications will be completed within one month.

Director Identification Number

A DIN is an identification number issued by the Central Government that can be used to validate an individual seeking to become a director. The eight-digit code that the DIN represents is assigned for life and can be used to confirm an individual’s identity and deter fraud by showing which companies they’re connected with.

Acquiring a DIN is straightforward and can be completed online. An applicant must simply fill out and upload a DIR-3 form with supporting documents. Once their application has been approved, they can pay their filing fee via one of several electronic methods available on the MCA website, and their DIN will arrive within one month.

To apply for a DIN, an applicant must possess a valid PAN card and government-approved proof of identity and address, such as an Aadhar card, passport, driving license, electricity/telephone bill or bank statement. Furthermore, companies applying for the DIN must submit a board resolution endorsing their directorship application through electronic forms; applicants can monitor its progress via the MCA portal.

Acquisition of a DIN number is mandatory if one wants to become a director of an existing or future company in India. The Ministry of Corporate Affairs (MCA) issues eight-digit numbers as DINs to individuals seeking directorship of existing or new companies; applicants submit applications using either the SPICE+ form for existing firms or DIR-3 for new entities.

Once MCA accepts an application, an individual will receive their DIN either through email or mail from MCA. This DIN will remain active throughout their lifetime without being revoked; should their DIN become deactivated due to non-filing of an e-form DIR-3 KYC, they can file an e-form INC-22A to reinstate it.

Designated Partner Identification Number

A Designated Partner Identification Number (DPIN), provided by the Ministry of Corporate Affairs (MCA) of the Government of India to Designated Partners of Limited Liability Partnership (LLP), allows them to be easily identified while also discouraging illegal practices like “phoenixing.” Furthermore, it also verifies their affiliation with specific firms.

Before now, DIN was used to validate a person’s signature on official documents. According to the Companies Act, having one was required to sign any document. Although getting one used to be difficult and time-consuming, now people can easily apply online using myGovID – an app available on smart devices that enables access to a range of government online services – using myGovID apps, they need only provide their name, date of birth and address along with two documents such as their passport driving licence or bank statement to authenticate themselves as individuals.

DPIN stands for Director Public Identification Number. This unique identifier securely confirms a director in an electronic database and makes it easier for members of the public to access company websites with information. Furthermore, its secure nature prevents people from impersonating directors and is an effective method to reduce fraud.

DINs are mandatory for anyone intending to become a director or who already holds one. Filing for DIN can be completed online through MCA’s e-forms; applicants should verify that all the personal details given match their PAN and other records as soon as they submit the form – any discrepancies can be rectified within 15 days after filing their form.

Anyone seeking a DIN must submit an e-form DIR-3 application to the Central Government. They will process their request and notify the applicant via email or letter whether their application was approved or rejected; in either case, they can correct any mistakes before reapplying for their DIN.

DIN and DPIN

1. It is a lifetime identification number

A DIN is an eight-digit identification number issued by the Ministry of Corporate Affairs to individuals who want to become or are appointed directors of companies. It remains valid throughout life and cannot be transferred. People can also be given a Director Personal Identification Number (DPIN) issued by this same entity – both numbers can be used interchangeably.

One must apply via the Ministry of Corporate Affairs website to obtain a DIN. Applicants must provide evidence of identity and address before filling in all the required information. Once approved by MCA, their provisional DIN can be used when filing documents with the Registrar of Companies.

It will automatically deactivate whenever a DIN goes unused for over 12 months. However, directors can reactivate it by submitting a declaration in Form DIR-5 with supporting evidence stating why it hasn’t been used – this declaration must include reasons as to why.

A DIN is not meant to replace the Tax Identification Number (TIN) but serves as a unique identifier that can be verified by the Registrar of Companies (ROC). It serves to identify directors while simultaneously tracking the activities of specific individuals; furthermore, its existence facilitates efficient communication between government bodies and those involved in company management.

All those seeking to become or be appointed directors in any company must submit an e-form DIR-3 application for DIN allotment under sections 153 and 154 of the Companies Act 2013. New companies will use the SPICE+ form; existing ones will use the DIR-2 form. Applications are processed electronically and must include proof of identity, address proof and resolution from the board of directors proposing names for directors (a scanned copy is acceptable) along with certified copies of Memoranda of Understandings (eMOAs).

Importantly, DINs are not public records and will not be searchable by members of the general public. Instead, Kanukapillai will consult with its community on what information could be disclosed or searched in future.

2. It is a digital signature

DIN with DPIN is a digital signature issued by the Director General of Foreign Trade (DGFT) that verifies an individual’s identity and helps avoid fraud or scams from unauthorised people. Importers and exporters in India benefit greatly from having this certificate available as it helps them sign important documents online, transact online transactions with confidence and avoid fraudsters and scams from unscrupulous sources – an essential document in any business’s arsenal.

A DIN is the identification number assigned to individuals when they become directors of companies. This number serves as proof of identity; no two people can possess the same DIN; thus, applicants must check whether their DIN has already been allocated.

For applicants applying for a DIN, MCA21 provides an eForm DIR-3, which requires photo ID and address information. Once submitted, the Central Government will review your request within one month and decide whether it has been approved or rejected.

To qualify for a DIN, an applicant must be at least 18 and an Indian citizen. They must also possess valid PAN numbers and permanent addresses within India and provide an affidavit verifying this information. Anyone declared unsound or insolvent cannot apply for one either.

Once an application for a DIN has been approved, a notification will be sent by email, and any incorrect information in their application will be made known by the Central Government. They should correct it within 15 days, or their application will be rejected.

To obtain a DIN, individuals must submit an application on MCA21 using Form DIR-3 along with applicable fees. All persons seeking to become designated LLP partners must also complete and submit this form.

Reasons For Combining DIN With DPIN

A DIN is an 8-digit number assigned to all directors of firms. This DIN remains valid even after switching firms so long as it remains within its limits.

DIN connectors were once popular in non-European products, such as audio equipment like cassette decks and amplifiers/receivers that used them alongside RCA input/output connectors.

  1. Ease of Doing Business

Din makes it simpler for individuals to become directors or managing partners of companies or LLPs and is easily obtained online.

For DIN, applicants must provide valid proof of identity documents, including a self-photograph and date of birth. For foreign nationals, additional supporting documentation, such as notarized and apostilled copies of the passport, are also needed for approval.

Once an application has been submitted to the Ministry of Corporate Affairs for verification and authentication, they will assign an SRN (Service Request Number), which the applicant should use when communicating with them in future correspondences. If any discrepancies arise in an applicant’s submissions, they will notify him via email or SMS so he/she can correct and re-submit. Typically, this process should take under an hour as all documents must be complete and processed through STP mode (automated without manual intervention by a DIN cell) within a form submission to reach them for verification and authentication by the ministry’s DIN cells.

  1. Enhanced Security

A DIN is an 8-digit unique identification number issued by the central government for anyone wanting to become or already acting as a director in any company. It lasts forever and keeps track of who holds directorship roles within any given database; even if someone holds several directorship positions across multiple companies, they only require one DIN, which works regardless of where it’s used in India.

Like its DPIN counterpart, DIN is an identification number allocated to designated partners in an LLP. Under MCA’s recent notification regarding LLP rule 2009, any individual looking to become a designated partner must apply for one. It will be processed and approved through an online form, which costs Rs 100.

The Enhanced Security feature lets you control access to files, folders, and host domains you trust. Once enabled, Enhanced Security blocks access to content that may not be trusted; you can enable or disable it via your Security Checklist.

  1. Enhanced Compliance

A DIN is an eight-digit identification number issued by the central government to any person seeking to become or already serving as a director in one or more companies. This unique identifier is an essential database the government keeps for directors.

Rule 12A of the Companies (Appointment and Qualification of Directors) Rules 2014 mandates that individuals with either a DIN or DPIN file their KYC details annually using eForm DIR 3 KYC to enable verification of identity and address through relevant documents.

Another advantage is that should any information provided in eForm DIR 3 KYC change, an individual must submit Form-4 to their Regional Operations Centre to update it accordingly. In cases where individuals provide incorrect details, the central government grants 15 days for them to rectify it before their DIN is cancelled.

  1. Reduced Costs

DIN (Director Identification Number) is an 8-digit unique number the central government assigns to anyone seeking to become or already working as a director. This helps the government keep an accurate database of directors. As its number is specific to each person, even if someone works as a director in multiple firms, they only require one DIN number.

Under the Companies Act and Limited Liability Partnership acts, DIN and DPIN can be interchanged; however, it’s important to remember that any individual seeking to become a designated partner in an LLC first file for DIN; failure to do so could result in having their DPIN cancelled, incurring heavy fines as a result. All holders of DIN/DPINs must also submit KYC details via an annual submission of the DIR-3 form to help verify information submitted to government authorities.

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Supreena

Welcome to www.kanakkupillai.com! Hello there, I'm Supreena, a legal advisor deeply passionate about entrepreneurship and dedicated to helping business owners and startup enthusiasts navigate the complex landscape of business formation, growth, and success. My profound understanding of the intricate aspects of various industries, legal frameworks, and strategies for sustainable growth makes me your trusted partner in achieving your business goals. With a commitment to promoting diversity and inclusivity in the business world, I firmly believe that every entrepreneur, regardless of their background, should have access to the legal expertise and guidance needed to thrive in the competitive startup ecosystem. I am honored to be part of your journey toward entrepreneurial success through this blog, where I'll provide valuable legal insights and strategies tailored to your business needs. Thank you for entrusting me with the opportunity to contribute to your path to business prosperity. For more information and resources, please visit www.kanakkupillai.com.