DIN stands for Director Identification Number. It is a unique identification number issued by the Ministry of Corporate Affairs (MCA) in India to individuals who wish to become directors of companies registered under the Companies Act, 2013.
To be eligible for obtaining a DIN, individuals must meet the following criteria:
companies. Therefore, to obtain a DIN, an individual must have been appointed or proposed to be appointed as a director of a company registered under the Companies Act, 2013.
It is important to note that the criteria mentioned above pertain to the eligibility for obtaining a DIN. However, individuals applying for a DIN must also comply with other requirements and regulations related to directorship, such as the disqualification criteria mentioned in the Companies Act, 2013.
The DIN serves as a unique identification number for directors and is used for various purposes, including filing company-related documents, signing financial statements, and complying with regulatory requirements. It helps in maintaining transparency, accountability, and proper identification of individuals holding directorship positions in companies registered in India.
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