The finfluencer said he did not know about the two DINs in his name, and will be surrendering the first one on June 1
Finfluencer PR Sundar may find himself in hot water again. Moneycontrol has learnt that he and Mangaiyarkarasi Sundar, co-promoter of Mansun Consultancy, have two Director Identification Numbers (DINs).
After Moneycontrol reached out to him for clarification, he said that the DINs got earlier will be surrendered on June 1.
A person isn’t allowed to have more than one DIN to their name. Under Section 155 of the Companies Act 2013, no individual, who has already been allotted a DIN, shall apply for or obtain or possess another DIN.
Records show that PR Sundar has DINs 02987345 and 07848296 and Mangaiyarkarasi Sundar has DINs 02987314 and 07848221.
While 02987345 and 02987314 link the two to a company named Sunman Consultancy Limited, 07848296 and 07848221 link the two to the company with a slightly altered name – Mansun Consultancy.
The directors’ names have been spelt slightly differently for both and the contact addresses given are also different. For Sunman, the directors’ names have been spelt as Mangaiyarkarasi Sundar and Purisai- Rajamani Sundar; and the contact address has been given as Flat 8D, Block 4, Shanthi Towers, Old No 88, New Number 4, Arcot Road, Vadapalani, Chennai 6000026. For Mansun, the directors’ names have been spelt as Mangaiyarkarasisundar and Purisairajamanisundar, without the spaces in between; and the contact address has been given as 113-134, Anna Salai, Raheja Towers, 411- fourth floor, Chennai, Tamil Nadu – 600002.
The only thing common to the two was the contact email id: [email protected].
Sunman, which was incorporated in 2010 and with company identification number U67190TN2010PTC075195, is a defunct company now. Mansun Consultancy is the one that was recently banned, along with its promoters, from the securities market for having given investment advisory services without proper registration.
In a conversation with Moneycontrol, Sundar said that he had no idea that there were two DINs attached to his name. He said that he had got them registered through two different agencies because they involve a lot of paperwork, and therefore did not know about the two existing independently.
He said that now that he has been informed, he will be surrendering the first on June 1, as his auditor has advised him to.
