MCA Proposed for Re-engineering Process for Allotment of DIN

The Ministry of Corporate Affairs (MCA) has proposed the reengineer process for allotment of DIN by allotting DIN to individuals only at the time of their appointment as Directors for those who do not possess a DIN. Under this process, it is proposed that Form DIR-3 (i.e. Application for Director Identification Number) would be applicable for the allotment of DIN to individuals in respect of existing companies only and shall be filed by the existing company in which the proposed Director is to be appointed.

Further, DINs to the proposed first Directors in respect of new companies would be mandatorily required to be applied for in SPICe forms (subject to a ceiling of 3 new DINs) only.

It is also proposed to modify DIR-3 to permit allotment of up to 2 new DINs (since SPICe provides for up to 3 new DINs) only in respect of ‘Producer Companies’.