DIRECTOR IDENTIFICATION NUMBER

Respected sir s, by having multiple DINs, how can a person, misuse them?
Replies (6)
Quick Summary
This discussion clarifies the implications of holding multiple Director Identification Numbers (DINs). While direct misuse might be limited due to PAN association, possessing multiple DINs is a contravention of law. Individuals found in violation of sections 152, 155, and 156 of the Companies Act face penalties including imprisonment or fines, and may be labelled as willful defaulters.

. If any individual or director of a company, contravenes any of the provisions of section 152, section 155 and section 156, such individual or director of the company shall be punishable with imprisonment for a term which may extend to six months or with fine which may extend to fifty thousand rupees and where the contravention is a continuing one, with a further fine which may extend to five hundred rupees for every day after the first during which the contravention continues.
It is recommended that a person should keep the oldest one and surrender the later one.
Misuse of multiple din is the second thing having multiple din is also a contravention of law
Sir, can you please explain, how it can be misused
It can't be misused as when the individual will associate the DIN at MCA it can be associated with one PAN only but when it comes in the knowledge of MCA the individual will be treated as willful defaulter of law.
Ok sir, thanks for your valuable response
BTW m not sir
Thanks mam

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