UDIN- Unique Document Identification Number
Objective of UDIN
(a) Enable stakeholders to verify the authenticity of documents certified by PCS.
(b) Prevent counterfeiting of various attestations / certifications;
(c) Provide ease of maintaining the Register of Certification.
(d) Ensure compliance of the Guidelines issued by the ICSI
(e) Auto-prefill details of Certification / Attestation services rendered by practicing members in of the form for renewal of Certificate of Practice.
Applicability
(i) Certification of Annual Return in Form MGT-8
(ii) Issuance of Secretarial Audit Report in terms of Section 204 of the Companies Act, 2013.
(iii) Issuance of Secretarial Audit Report to material unlisted subsidiaries of listed entities under Regulation 24A of SEBI (LODR) Regulations, 2015.
(iv) Issuance of Annual Secretarial Compliance Report to Listed entities
(v) Certification under SEBI (LODR) Regulations, 2015 that none of the directors on the board of the company have been debarred or disqualified from being appointed or continuing as directors of companies by the Board/Ministry of Corporate Affairs or any such statutory authority.
(vi) Certification under Regulation 40(9) of SEBI (LODR) Regulations, 2015 certifying that all certificates have been issued within 30 days of the date of lodgement for transfer, sub-division, consolidation, renewal, exchange or endorsement of calls/allotment monies.
(vii) Conduct of Internal Audit of Operations of the Depository Participants registered with NSDL and CDSL.
(viii) Certification under Regulation 76 of SEBI (Depositories and Participants) Regulations, 2018 for Reconciliation of Share Capital Audit.
(ix) Acting as Compliance Auditor under third party certification/ Audit Scheme (Amendment), 2016 in the State of Haryana.
(x) Diligence reporting for Banks.
(xi) Conduct of Internal Audit of the stock brokers/sub brokers.
(xii) Issuance of Certificate in case of the Indian company accepting the investment from a foreign investor.
(xiii) PCS may generate the UDIN for any other form including any e-form and document(s) which are not listed above and not mandatory on voluntary basis.
Requirement for registering on UDIN Portal
· Membership No.
· COP No.
· Phone No.
· Email ID
· Aadhar
· PAN
Requirement for Generating UDIN
· CIN/ LLPIN
· PAN of the entity
· Name of the recipient
NOTE: UDIN can be generated 7 days in advance of signing the document.
UDIN shall be mandatory required to be mentioned in all the above mentioned documents from 1stOctober, 2019 else PCS shall be liable for penal provisions as per the Company Secretaries Act, 1980.
ICSI Link to UDIN PORTAL
For any queries contact:
CS Arpit Garg
arpitgargcs@gmail.com