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1. What is Form DIR 5? 

DIR 5 is an application filed by any person wishing to surrender a DIN.Form DIR-5 can also be filed or digitally signed by a relation of the person if the DIN holder has passed away or has been declared as a person of unsound mind by a competent court or the person has been adjudicated as insolvent. 

A DIN cannot be voluntarily surrendered if the below conditions are not satisfied.

a. He has never been appointed as a director in any company or designated partner in an LLP and

b. The said DIN has never been used for filling of any documents with any authority. 

2. Why is it important? 

An application for voluntary surrender of DIN can be made in prescribed form DIR-5. The government fees for such an application has been fixed at Rs. 1000 under the Companies (Registration Offices and Fees) Rules, 2014. Proof of Identity and address along with a self-declaration that the DIN holder has fulfilled all the conditions prescribed under the rule. The DIR-5 needs to be digitally signed by the applicant which further needs to be certified by a professional (CA, CS, CMA in full-time practice) before it is uploaded to the MCA, the government fee needs to be paid through online mode. 

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