In a relief for thousands of directors of companies who are yet to do e-KYC, the Corporate Affairs Ministry has allowed them another 15 days time to complete the process. Such directors can do so after paying a reduced fee of Rs 500.
For those who file the e-form DIR-3 KYC between September 21 to October 5, the fee would be Rs 500 and from October 6, the fee would be Rs 5,000, the MCA had said in a notification issued on Thursday.
It may be recalled that MCA had last extended the deadline/due date for the filing of e-form DIR-3 KYC (Directors KYC) from August 31, 2018 to September 15, 2018 without any late filing fee. It had also then specified that the late fee or penalty of Rs 5,000 would be applicable if the e-form DIR-3 KYC is filed on or after September 15, 2018 in respect of financial year 2017-18.