The Corporate Affairs Ministry is looking at a proposal to
seek passport details of all individuals, who have been permitted to serve as
directors on the board of companies. This move is to be taken to prevent loan
defaulters like Nirav Modi and Mehul Choksi leaving the country. Sources said
that prospective Director Identification Number (DIN) seekers will have to
submit passport details for obtaining the 8-digit unique ID provided by the
ministry.
DECCAN
CHRONICLE NEWSPAPER
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