<h1>Corporate Affairs Boosts Transparency: DIN Goes Digital, 24-Hour Company Registration, Dormant Status for Non-Filers Since 2006.</h1> The Ministry of Corporate Affairs has streamlined procedures to enhance transparency and efficiency in service delivery. Key changes include the digitalization of the Director Identification Number (DIN) application process, allowing immediate online allotment when verified by professionals. Company registration processes are prioritized to ensure approval within 24 hours. Companies failing to file statutory annual filings since 2006 will be marked as dormant and must complete pending filings to regain active status. Payment for services up to Rs. 50,000 must be made electronically, with plans to extend this requirement to higher amounts. These measures aim to reduce timelines and improve service delivery.