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.
- 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.
- 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.
- The above provision will be effective from 01st day of August, 2024.
Source: E Gazette (Ministry of Corporate Affairs)
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