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of <h1>Central Government Updates DIN Rules: New Online Application Process and Penalties for False Information Introduced</h1> The Central Government has amended the Companies (Director Identification Number) Rules, 2006, effective from March 27, 2011. Key changes include the requirement for applicants to download Form DIN-1, fill in details, attach necessary documents, and digitally sign the form. The form can be signed by a Chartered Accountant, Company Secretary, or Cost and Works Accountant. The application fee must be paid online, and the system will generate a provisional or approved DIN based on the digital signature. The amendments introduce procedures for rectifying defective applications and outline penalties for false information. Forms DIN-1 and DIN-4 have been updated accordingly.
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