What is Penalty for not filing DIR-3 KYC?
Nexa Consultancy | Startup & Finance Glossary
If a director fails to file their DIR-3 KYC form by the due date, their DIN will be marked as "deactivated due to non-filing of DIR-3 KYC". To reactivate it, a fee of ₹5,000 must be paid.
Startup Example: A startup director misses the September 30th deadline. Their DIN is deactivated, preventing them from signing any company forms or resolutions until the ₹5,000 penalty is paid and the form is filed.
Our compliance reminders prevent such avoidable penalties.