DIR 3 KYC Last Date Extended upto 5 Oct. 2018 by MCA subject to Late Fee of Rs. 500

DIR 3 KYC Last Date Extended upto 5 Oct. 2018 by MCA subject to Late Fee of Rs. 500

MCA notifies the ‘Companies (Appointment and Qualification of Directors) Sixth Amendment Rules, 2018‘ to extend last date for filing of Form DIR 3 (KYC of Directors) upto 5 Oct. 2018. Further, MCA notifies ‘Companies (Registration Offices and Fees) Fifth Amendment Rules, 2018 to reduce late fee to Rs. 500 upto 5 Oct. 2018 after which Rs. 5000 shall be payable.

Companies (Appointment and Qualification of Directors) Sixth Amendment Rules, 2018 (DIR 3 KYC Last Date Extended upto 5 Oct. 2018): MCA Notification dt. 20 Sept. 2018

G.S.R. ..(E).-In exercise of the powers conferred under second proviso to sub-section (1), sub-section (4), sub-section (6) of section 149, sub-section (3) and (4) of section 150, section 151, sub-section (5) of section 152, section 153, section 154, section 157, section 160, sub-section (1) of section 168 of and section 170 read with section 469 of the Companies Act, 2013 (18 of 2013), the Central Government hereby makes the following rules further to amend the Companies (Appointment and Qualification of Directors) Rules, 2014. namely:

1. (1) These rules may be called the Companies (Appointment and Qualification of Directors) Sixth Amendment Rules, 2018. (2) They shall come into force from the date of their publication in the Official Gazette.

2. In the Companies (Appointment and Qualification of Directors) Rules, 2014, (i) in the proviso to rule 12A, for the words and figures “before 15th September, 2018,” the words and figures “before 5th October, 2018 ” shall be substituted.

Companies (Registration Offices and Fees) Fifth Amendment Rules, 2018 (DIR 3 KYC Late Fee Reduced to Rs. 500): MCA Notification dt. 20 Sept. 2018

G.S.R. …(E).- In exercise of the powers conferred by sections 396, 398, 399, 403 and 404 read with sub-sections (1) and (2) of section 469 of the Companies Act, 2013 (18 of 2013), the Central Government hereby makes the following rules further to amend the Companies (Registration Offices and Fees) Rules, 2014, namely:-

1. (1) These rules may be called the Companies (Registration Offices and Fees) Fifth Amendment Rules, 2018. (2) They shall come into force from the date of their publication in the Official Gazette.

2. In the Companies (Registration Offices and Fees) Rules, 2014, in the Annexure, in serial number VII, for the ‘note’ the following ‘note’ shall be substituted, namely:-

“Note: During the financial year (2018-2019), fee of rupees five hundred shall be payable from 21.09.2018 to 05.10.2018 and fee of rupees five thousand shall be payable on or after 06.10.2018”.

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In view of above amendments in companies rules, now directors KYC compliance can be completed by 5th Oct. 2018 with reduced late fee of Rs. 500 and thereafter the normal late fee of Rs. 5000 shall be applicable, as notified earlier. Hopefully the MCA system will work properly during this period and professionals will also complete the requisite exercise well in time to avoid the peak rush in last days which has the possibility of crashing of any website.

Related Posts:

‘DIR-3 KYC’ Due Date ‘Not to be Extended’ beyond 15 Sept. 2018: MCA Update on Portal

ICAI Advisory for Members on Submitting e-form DIR-3 (KYC of Directors) with FAQs by MCA

Delay Fee/ Penalty of Rs. 5,000 for Filing e-Form DIR-3 KYC of Directors, notifies MCA

MCA Notifies the Format of e-Form DIR-3 KYC under Rule 12A (Directors KYC)

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