The Ministry of Corporate Affairs introduced Director KYC form in the year 2018. The intent behind this is to collect the latest data or updated the data of the DIN holders on annual basis. In this E-form every person who is holding a Valid Director Identification Number is required to file a KYC form with the ministry. This e-form is required to be signed by the Director and the Professional wherein they declare that the details are correct and updated one. Further, necessary fees and penalties has also been levied to ensure timely and correct filing.