What is eForm DIR-5?
Application for surrender of DIN in e-form DIR-5 can be filed for any reason such as DIN is unused and not intended for future reference also or multiple DINs are allotted to the same person or DIN the holder is no more/has become of unsound mind or insolvent etc.
- eForm DIR-5 is required to be filed pursuant to Section 153 of the Companies Act, 2013 & Rule 11 (f) of Companies (Appointment and Qualification of Directors) Rules, 2014.
According to Section 153 of the Companies Act, 2013 every individual who is intending to be appointed as director of a company shall make an application for allotment of Director
Identification Number to the Central Government in such form along with fees.
According to Rule 11 (f) of Companies (Appointment and Qualification of Directors) Rules, 2014 application made in Form DIR-5 by the DIN holder to surrender his or her DIN along with the declaration that he has never been appointed as a director in any company and the said DIN has never been used for filing any document with any authority, the Central Government may deactivate such DIN.
Form DIR-5 Fees
- Application for surrender of DIN – 1000 rupees.