News Nation Logo

ICSI launches Unique Document Identification Number

The ICSI UDIN Will Be Mandatory For Every Document Except An E-form, Signed Or Certified By A CS With Effect From 1st October, 2019.

Agencies | Updated on: 09 Jul 2019, 03:06:12 PM
Unique Document Identification Number (File Photo)

New Delhi:

In an attempt to pursue heightened sense of self-governance and strengthen the practising side of the profession of Company Secretaries, the Institute of Company Secretaries of India has rolled out a unique initiative in the form of Unique Document Identification Number or UDIN.

Aimed at strengthening the framework of good governance UDIN shall serve the following purposes simultaneously:

  • Provide ease of maintaining Register of Attestation/ Certification services
  • Prevent counterfeiting of various attestations/ certifications
  • Ensure compliance w.r.t ceilings on the number of certifications / attestations
  • Enable stakeholders and regulators to verify genuinity of documents signed or certified by Company Secretaries in Practice

READ | Bill on voluntary use of Aadhaar as ID proof passed in Rajya Sabha, awaits President's nod

Emphasising on the need of UDIN, CS Ranjeet Pandey, President, ICSI said, "Under the mechanism, an alpha numeric number shall be generated for the identification of every document attested by Practising Company Secretaries which shall definitely act as a trust enhancer by facilitating verification that the document is genuinely signed or certified by a Company Secretary in Practice".

The ICSI UDIN will be mandatory for every document except an e-form, signed or certified by a CS with effect from 1st October, 2019.

The Institute of Company Secretaries of India (ICSI) is a premier professional body set up under an Act of Parliament, i.e., Company Secretaries Act, 1980, for the regulation and development of the profession of Company Secretaries in India. It functions under the jurisdiction of Ministry of Corporate Affairs, Government of India. The Institute, being a pro-active body, focuses on best and top-quality education to students of Company Secretaries Course and best quality set standards for CS members. The institute has over 58,000 members and about 3.5 lakh students on its roll.

READ | Budget 2019: PAN, Aadhaar interchangeable, tax returns can be filed with Aadhar, says Sitharaman

"This email and any files transmitted with it are confidential and intended solely for the use of the individual or entity to which they are addressed. If you have received this email in error, please notify the system manager and delete it from your system. Please note that any views or opinions presented in this email are solely those of the author and do not necessarily represent those of the Institute. The recipient should check this email and any attachments for the presence of viruses. ICSI accepts no liability for any damage caused by any virus transmitted by this Email".

For all the Latest Business News, Download News Nation Android and iOS Mobile Apps.

First Published : 09 Jul 2019, 03:06:12 PM