The concept of a Director Identification Number (DIN) was introduced for the first time in India with the insertion of Section 266A to 266G of Companies Amendment Act, 2006.
The DIN is a unique identifier for an existing or a future Director containing personal information about him. The need for introducing the unique identifier arose from
The need to create a rich and authentic data base for the Directors and
To address the phenomena of Companies that raising capital from public and subsequently vanish, with their Directors became untraceable.
This DIN concept not only helps in fixing the identity of the person but also co-relates his participations in other companies, past or present. The DIN holder is required to inform the Central Government about any change in his particulars as and when such change takes place.