Question

Which of the following is true with regard to Director Identification Number (DI

Q: Answer-Which of the following is true with regard to Director Identification Number (DIN) of a director?

A director needs to have a single Director Identification number DIN. Every individual intending to be appointed as director of a company shall make an application for allotment of DIN to the Central Government. Once allotted, this will be used as the DIN for every directorship held by that individual. Section 155 of the Companies Act, 2013, prohibits an individual, who has already been allotted a DIN under section 154, to apply for, obtain or possess another DIN.