Directors of Indian companies to obtain Director Identification Number (DIN)

Directors of Indian companies to obtain Director Identification Number (DIN)

The Indian government has made it mandatory for the directors of nearly 700,000 companies to obtain a director identification number (DIN). These companies include all listed, unlisted, and private firms and as many companies would be covered under this ambitious plan started by the government.

This directive is part of the government’s plan of starting the e-governance project that will be implemented across the country in April. Company Affairs Minister Prem Chand Gupta said in a statement on this initiative: “If directors do not have a DIN, they will not be recognized and their companies will not be able to file documents online”.

He also added that the “MCA 21 e-governance” project would require the company directors to submit an application with a certified proof of identity. This includes their permanent account number (PAN) and the project would be kicked off from Coimbatore on February 18. It is expected to get started from Delhi by March this year.