New
Published on:
July 30, 2023
By
Pranjal

Unique Document Identification Number (UDIN)

The authenticity of documents is of utmost importance in the corporate and legal world. To ensure the credibility of certified documents, the Institute of Company Secretaries of India (ICSI) introduced the Unique Document Identification Number (UDIN). This unique 15-digit alphanumeric code has revolutionized the certification process, making it more transparent and reliable.

In this article, we will delve into the concept of UDIN, its benefits, and how it enhances document authenticity and credibility.

What is Unique Document Identification Number (UDIN)?

Unique Document Identification Number (UDIN) is a unique 15-digit alphanumeric code generated for each document certified by practicing company secretaries. The code is system-generated and linked to the specific document, ensuring that every certified document has a distinct UDIN.

The introduction of UDIN aims to prevent the misuse of company secretary signatures and eliminate the circulation of fake or forged documents bearing false certifications.

How does UDIN Work?

When a practicing company secretary certifies a document, they must generate a UDIN from the ICSI's official website. The UDIN is then mentioned on the certified document, along with the company secretary's signature.

The process involves the following steps:

1. Generating UDIN: The company secretary logs into the UDIN portal on the ICSI website and generates a unique code for the document.

2. Mentioning UDIN on Document: The generated UDIN is mentioned on the certified document, along with the company secretary's signature.

3. Verification and Authentication: Recipients of the certified document can verify the authenticity of the certification by cross-checking the UDIN on the ICSI portal.

Benefits of UDIN

The implementation of UDIN offers several benefits:

1. Enhanced Credibility: UDIN enhances the credibility of certified documents, as recipients can verify the authenticity of the certification directly from the ICSI portal.

2. Prevention of Forged Documents: With UDIN, the chances of forged documents bearing false company secretary signatures are significantly reduced, promoting trust in the certification process.

3. Transparency and Accountability: UDIN introduces transparency and accountability in the certification process, as each document has a unique code linked to the certifying company secretary.

4. Improved Professional Image: The use of UDIN reflects the professionalism and commitment of practicing company secretaries to maintain document integrity.

Implementation of UDIN

The implementation of UDIN is mandatory for all practicing company secretaries. They are required to generate UDIN for every document they certify, irrespective of the type of document or client.

The UDIN generated by company secretaries is valid for a specific period, ensuring that each certification is time-bound and subject to verification.

Conclusion

Unique Document Identification Number (UDIN) is a remarkable initiative by the Institute of Company Secretaries of India (ICSI) to enhance the authenticity and credibility of certified documents. By introducing a unique code for each certification, UDIN significantly reduces the risk of forged documents with false company secretary signatures.

The implementation of UDIN not only promotes transparency and reliability in the certification process but also enhances the professional image of practicing company secretaries. It instills confidence in stakeholders and ensures that certified documents hold true value in the corporate and legal world.

As UDIN becomes an integral part of the certification process, practicing company secretaries play a pivotal role in upholding document integrity and fostering trust in the business ecosystem.

Suggestions:-

Recreational Services - GST Rates  SAC CODE 9996

Understanding GST on Gold: FAQs Answered

CBIC On Different Types of Declared Services under GST

Updated on:
March 16, 2024