The Ministry of Corporate Affairs (“MCA”) has issued Companies (Appointment and Qualification of Directors) (Amendment) Rules, 2024 to Rule 12A of the Companies (Appointment and Qualification of Directors) Rules, 2014.

1. MCA specifies the timeline wherein an individual can update his personal mobile number or the e-mail address by submitting e-form DIR-3 KYC on or before 30th September of the financial year.
2. Further in addition to the existing provision of updating the personal mobile number or the e-mail address, a new provision has been inserted wherein an individual intending to update his personal mobile number and e-mail address again at any time during the financial year, he shall update the same by submitting e-form DIR-3KYC on payment of fees of five hundred rupees.
3. The above provision will be effective from 01st day of August, 2024.

Source: E Gazette (Ministry of Corporate Affairs)

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