Q.Write down notes on Directors' identification number.

DIN is a unique lifetime 8-digit number allotted by the Central Government/MCA to a person intending to be a director; one person can have only one DIN, obtained through a prescribed application, and it must be quoted in all documents signed as director. Director Identification Number (DIN): - Meaning: DIN is a unique identification number allotted to an individual who is or intends to become a director of a company. It is an 8-digit number. - Allotting authority: it is allotted by the Central Government through the Ministry of Corporate Affairs (MCA). - Application: a person applies in the prescribed electronic form (e.g. DIR-3), with identity and address proof and a photograph; on verification the DIN is allotted. - Uniqueness: a person can hold only one DIN for his whole life, however many companies he is a director of; obtaining or using more than one DIN is an offence. - Validity: DIN is permanent (valid for life) unless cancelled or surrendered; the director must keep his details updated (e.g. annual KYC). - Mandatory use: it is **compulsory to have a DIN to be ap …