NEW DELHI: More than 7,000 individuals were holding multiple Director Identification Numbers (DIN) prior to June 2011 but no fresh cases have been reported since then, Parliament was informed today.
Under the companies law, all the existing and intending Directors have to obtain DIN and an individual can't have more than one DIN.
"As per MCA database, there are 7,135 individuals holding multiple...DIN dating back prior to June, 2011 when validation of application for DIN with the income tax PAN data was made compulsory," Minister of State for Corporate Affairs Nirmala Sitharaman said in a written reply to the Rajya Sabha.
"While a few defaulters have already submitted applications for compounding of the defaults, directions have been issued for verification of all cases of the same individual holding more than one DIN," she added.
According to the minister, "no fresh case relating to the period after June 2011 has come to light".