Simplification of DIN rules
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....IED - REG. Sir, I am directed to inform that the Ministry's has re-examined the process of allotment of Directors Identification Number (DIN) to be obtained u/s 266B of the Companies Act, 1956. The present process is cumbersome and time consuming. Representations have been received in the Ministry that the documents required to be submitted should be simple to prove the existence/residence of a ....
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.... 4. Where the DIN 1 is verified by the professional, the DIN will be approved by the system immediately online. 5. In other cases the DIN cell will examine the application and same shall be disposed of within one or two days. 6. Companies (Directors Identification Number) Rules, 2006 are being amended on the above lines. 7. Penal action against the applicant and professional certifying the DIN ....
TaxTMI
TaxTMI