The UDIN will be mandatory for every document except an e-form, signed or certified by a CS with effect from October 1, 2019.
The Institute of Company Secretaries of India (ICSI) on Tuesday said it will roll out a new feature, Unique Document Identification Number (UDIN), which will help in ensuring better compliance as well as prevent counterfeiting of various certifications and attestations done by company secretaries.
ICSI said this is an attempt to pursue heightened sense of self-governance and strengthen the practising side of the profession of company secretaries (CS). It is aimed at strengthening framework of good governance. UDIN shall provide ease of maintaining register of attestation and certification services.
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The UDIN will be mandatory for every document except an e-form, signed or certified by a CS with effect from October 1, 2019. The feature, however, will also help in preventing counterfeiting of various attestations or certifications, ensure compliance on ceilings on the number of certifications or attestations and will enable stakeholders as well as regulators to verify the genuinity of documents signed or certified by CS in practice, the apex industry body regulating CS in the country explained.
Source: Financial Express
