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Filingpoint DIN stands for Director Identification Number and is an identifier that the central government assigns to individuals who are looking to become directors or working as directors in companies or LLPs. This enables the individual to be easily identified as a director and discourages fraudulent practices such as "phoenixing." DINs can be obtained online through MCA's e-forms and the process is quick and simple. Applicants are granted 15 days to verify their personal information to ensure that all details match up before their DIN becomes active.
A DIN that is not used for 12 months or more will be automatically deactivated. However, directors can reactivate their DINs by filing a declaration in Form DIR-5 and supporting evidence stating the reason for not using their DIN, along with a fee of Rs. 5,000.
The central government has established measures during the DIN registration process to prevent the creation of duplicate DINs by cross-checking the PAN database, but in isolated cases, a DIN can be created unintentionally. In such instances, a DIN holder can submit an application in e-form DIR-5 for surrender of their DIN, alongside a declaration that they have never been appointed as a Director in any company and the DIN has not been used for filing of documents with any authority.
An individual who has a DIN that is deactivated can reinstate it by submitting the omitted e-form DIR-3 KYC via the MCA 21 portal and paying the overdue fee of Rs. 5000. It is important to note that DINs are not public records and are only viewable by authorized individuals.
Contact Our Filingpoint team DIN Reactivation expert +91 72999 72500
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