9911796707
TMI BlogIntegration of Director’s Identification Number (DIN) issued under Companies Act, 1956 with Designated Partnership Identification Number (DPIN) issued under Limited Liability Partnership (LLP) Act, 2008X X X X Extracts X X X X X X X X Extracts X X X X ..... Integration of Director’s Identification Number (DIN) issued under Companies Act, 1956 with Designated Partnership Identification Number (DPIN) issued under Limited Liability Partnership (LLP) Act, 2008 X X X X Extracts X X X X X X X X Extracts X X X X ..... Number (DIN) issued under Companies Act, 1956 with Designated Partnership Identification Number (DPIN) issued under Limited Liability Partnership (LLP) Act, 2008 The Ministry of Corporate Affairs has been issuing two separate identification numbers as DIN to an individual for becoming a director of a company under Companies Act, 1956 and DPIN for a designated partner in a Limited Liability Partn ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ership under Limited Liability Partnership (LLP) Act,2008. To avoid this duplicity and to give ease to the stakeholders, the Ministry has decided to issue only one identification number to an individual for both the purpose. Therefore vide its notification of 5th July, 2011, the Ministry of Corporate Affairs has integrated the Director's Identification Number (DIN) issued under Companies Act, 19 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 56 with Designated Partnership Identification Number (DPIN) issued under Limited Liability Partnership (LLP) Act, 2008 with effect from 9th of this month. Henceforth, no fresh DPIN will be issued. Any person, who desires to become a designated partner in a Limited Liability Partnership, has to obtain DIN by filing e-form DIN-1. If a person has been allotted DIN, the said DIN shall also be used a ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... s DPIN for all purposes under Limited Liability Partnership Act, 2008.(c) If a person has been allotted DPIN, the said DPIN will also be used as DIN for all the purposes under Companies Act, 1956. If a person has been allotted both DIN and DPIN, his DPIN will stand cancelled and his DIN will be used as DIN as well as DPIN for all purposes under Limited Liability Partnership Act, 2008 and Companie ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... s Act, 1956. Moreover, from 31st May, 2011 the MCA has Ministry has already made Income Tax Permanent Account Number (PAN) mandatory for obtaining DIN for Indian nationals. Further, all existing DIN holders, who have not furnished their PAN at the time of obtaining DIN, are required to furnish their PAN to the Ministry by filing e-form DIN-4 by 30th September, 2011. Similarly, all DPIN holders, ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... who had not furnished their PAN at the time of obtaining DPIN, are required to furnish their PAN to the Ministry by filing e-form DIN-4 by 30th September, 2011, failing which their DPIN/DIN will be disabled and they will also be liable for heavy penalty.
*****
ST/- X X X X Extracts X X X X X X X X Extracts X X X X
|
