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DIN Surrender

DIN Surrender is the process of deactivating or canceling a Director Identification Number (DIN) when it is no longer needed. Individuals who do not hold directorship in any company or LLP and have never used their DIN for filing any forms can apply for its surrender through Form DIR-5. Company Mitra provides complete assistance in filing DIN surrender applications, ensuring smooth compliance with MCA regulations.

Requirement

Individuals who no longer wish to hold a DIN.
DIN holders who have never used their DIN for any compliance filings.
Individuals who hold multiple DINs (only one can be retained).
DIN issued by mistake or without the applicant’s knowledge.

Benefits

Avoids unnecessary annual KYC compliance for an unused DIN.
Prevents penalties for multiple DINs, as only one is legally allowed.
Ensures MCA records are updated and free from inactive DINs.
Helps former directors close all legal obligations with MCA.

Document Required

PAN Card or Aadhaar Card
DIN Number to be surrendered
Declaration stating non-usage of DIN
Affidavit confirming surrender request
Digital Signature Certificate (DSC) of the applicant

Professional Fees

~~₹3,000.00~~ ₹1,500.00

Additional Cost

Process time

⏳ The DIN surrender process typically takes 7-10 working days after submission and approval from MCA.

Steps

⏬ Consultation: Discuss the DIN surrender process with Company Mitra.
⏬ Document Collection: Gather and verify necessary documents.
⏬ Affidavit Preparation: Draft an affidavit confirming DIN surrender request.
⏬ Form DIR-5 Filing: Submit the DIN surrender application to MCA.
⏬ Approval Confirmation: Receive MCA confirmation of DIN surrender.

FAQ

👉 Who can apply for DIN surrender?
Any individual who does not require their DIN or has multiple DINs.

👉 What is Form DIR-5?
It is the official form used to surrender a DIN with MCA.

👉 Can I surrender my DIN if I have used it in the past?
No, only unused DINs can be surrendered.

👉 Is it mandatory to surrender an extra DIN if I have more than one?
Yes, having multiple DINs is illegal, and one must be surrendered.

👉 What happens if I do not surrender my extra DIN?
MCA may impose a penalty of ₹25,000 for holding multiple DINs.

👉 Do I need a Digital Signature Certificate (DSC) for DIN surrender?
Yes, DSC is mandatory to sign and submit Form DIR-5.

👉 How long does MCA take to approve the DIN surrender request?
It usually takes 7-10 working days.

👉 Can Company Mitra help with DIN surrender?
Yes, Company Mitra handles the entire process from document collection to MCA approval.

👉 Is PAN mandatory for DIN surrender?
Yes, PAN or Aadhaar Card is required for identity verification.

👉 Will my DIN be removed permanently after surrender?
Yes, once surrendered, the DIN cannot be reactivated.

👉 Can I reapply for a DIN after surrendering it?
Yes, you can apply for a fresh DIN if you wish to become a director again.

Compliances

✅ Compliance

📌 Compliance Requirement	📅 Due Date	📖 Remarks
📜 DIN Surrender Affidavit	Before filing DIR-5 📆	Must be notarized
📑 Filing of Form DIR-5	As soon as DIN is identified as unused 📤	Mandatory for surrender
📊 MCA Review & Approval	Within 10 days of filing 📌	MCA verifies application
📝 Update in MCA Records	After approval 📌	Official confirmation issued

Penalties

⚠️ Penalty & Interest

🚨 Non-Compliance Issue	❌ Penalty & Interest	⚖️ Consequences
📑 Holding Multiple DINs	₹25,000 fine 🚔	Legal action by MCA
📝 Failure to Surrender Extra DIN	₹5,000 penalty 🏦	Until compliance is met
📊 Using an Extra DIN for Filings	Heavy fines 🚔	MCA may reject filings
💰 False Information in DIR-5	Legal action 🏛️	Application may be rejected