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  • Jun 30, 2018
  • Cos' directors to furnish personal mobile numbers for verification: Govt

    Directors at companies will soon be required to share their personal mobile numbers and e-mail ids with the government as part of verifying their credentials, amid continuing efforts to weed out bogus directorships.In a significant move, the corporate affairs ministry has decided to carry out KYC (Know Your Customer) process for all directors, including those who have been disqualified.A new electronic form is set to be introduced specifically for the directors through which all required details have to be submitted to the ministry, according to a communication.