Distinguish between the following: CIN and DIN.
CS Executive · Company Law · PYQS · June 2019
Distinguish between the following: CIN and DIN.
Answer & Explanation:
CIN It stands for Corporate Identification Number. It is issued by the Registrar of Companies (ROC) on incorporation of the company. It is issued to a company and serve as its identity. Once issued it cannot be cancelled. It is 21 digit alpha numeric code issued to every company incorporated in India. DIN DIN is a unique Identification Number allotted to an individual who is appointed as a director of a company, upon making an application in form DIR-3 pursuant to section 153 & 154 of the Companies Act, 2013. Application for allotment of DINs to the proposed first Directors in respect of new companies shall be made in SPICe form only. DIR-3 Form: Any person intending to become a director in an existing company shall have to make an application in eForm DIR-3 for allotment of DIN. Further, no person can get DIN without board resolution proposing his appointment as director. DIR-6 Form: Any changes in the particulars of the directors shall be filed in form DIR-6.
Topics: Company Incorporation
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