What is DIN surrender?
Regional Director after satisfying with the reason based on verification of documentary proof attached with the submitted application in form DIR 5 and the requisite fees for any person cancel or deactivate the DIN.
Why we need to surrender DIN?
"There are specific reason which if happens, it is importan to surrender the DIN. The specified reasons are:
Multiple DIN
DIN obtained by fraud or wrongful manner
When Director declared as a person of unsound mind
When Director adjudicated as an insolvent
Death of the Director
Voluntary by DIN holder if he has never appointed as a director or DIN is used in any regulatory communication"
What is the procedure for Filing Form DIR-5 for DIN surrender?
"Person wishing to surrender a DIN can file Form DIR-5 with the MCA. In Form DIR-5 the following information must be provided by the applicant:
* Any DIN Number held by the applicant
* Reason for surrender of DIN
* Whether DIN holder is retaining any DIN
* Number of DIN(s) being surrendered by the applicant
* DIN Number to be surrendered
* Digital signature of the person surrendering the DIN.
Note in case of demise of a person, or he has been declared person of unsound mind or adjudicated as insolvent, DSC of a related person is used"
How to check whether person having two DIN?
Go to MCA website Link: http://www.mca.gov.in/
• Log in by your user ID on MCA website.
• Click on “Companies/LLPs in which a person is/was a director/Designated Partner”
• Click on Search Button in from of DIN/DPIN
• Mention the Name, Father Name and Date of Birth and search.
• MCA will display the DIN No. allotted to you.