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Introducing the βIn Favour Ofβ filter in Case Laws.
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<h1>Directors Must Update KYC by September 30 Annually; Amendments Effective August 1, 2024, Under Companies Act 2013.</h1> The Companies (Appointment and Qualification of Directors) (Amendment) Rules, 2024, effective from August 1, 2024, amend the 2014 rules. The amendment requires directors to update their KYC details by September 30 of the financial year. Additionally, directors can update their mobile number or email address during the financial year by submitting e-form DIR-3 KYC with a fee of 500 rupees. This amendment is issued under various sections of the Companies Act, 2013, by the Ministry of Corporate Affairs, Government of India.