DIN Surrender
DIN Surrender
Surrender of Director’s Identification Number becomes very important by those DIN
holders who are neither Director in any Company nor Designated Partner in any LLP
and also not intending to do so in near future. Rule 11 of Companies (Appointment and
Qualification of Directors) Rules, 2014 states that on submission of an application to the
Central Government (Power Delegated to Regional Director) in DIR-5 by the DIN holder
along with a declaration stating that he has never been appointed as a Director in any
Company and the said DIN(s) has not been used for filing any document with any
regulatory authority, then on being satisfied the Central Government may deactivate
such DIN.
Reasons of DIN Surrender
- If duplicate DIN has been issued to the director;
- The allotted DIN was obtained by fraudulent means;
- On the death of concerned DIN holder;
- When the DIN holder has been declared as a person of unsound mind by the court;
- When the DIN holder has been adjudicated insolvent by the court and Voluntarily basis
Benefits of DIN Surrender
Prevention against misuse of DIN
Save yourself from prosecution and penalty
Participation in good governance
Customer Support
Save your time, energy and money in filing DIR-3 KYC yearly
PROCESS WE FOLLOW
Select the service
Pay for the service
Sales expert will call you & guide you for documentation
Preparation of documents and send you for signing or authorization
Documents submission with the department for approval
Confirmation on successful registration or completion of work
OPTION 1
- Consultation by expert
- Compilation of documents and information
- Preparation and filing e-form DIR-5
- Copy of filed e-form DIR-5 and acknowledgement receipt
OPTION 2
- Consultation by expert
- Compilation of documents and information
- Preparation and filing Updation/Modification
- One Class III DSC (under Individual category with 2 Year Validity)
- Copy of filed e-form DIR-5 and acknowledgement receipt
OPTION 3
- Consultation by expert
- Compilation of documents and information
- Preparation and filing e-form DIR-5
- One Class III DSC (under Individual category with 2 Year Validity)
- Copy of filed e-form DIR-5 and acknowledgement receipt
- Liasoning with department for escalating approval
