21L companies fail to register for eligibility

Less than 12 lakh of the 33 lakh "active directors" have compiled with the newly-mandated know-your customer or KYC requirement to be eligible for board positions in companies. The MCA will freeze the director identification number (DINs) of those who fail to comply. MCA had mandated that individuals with DINs complete KYC formalities by September 15.

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