Digital Signature nowadays a most important but highly unprotected personal property of an individual just next to his figure prints and unprotected payment instruments – UPIs, credit or debit cards or cheque books. If no fraud has been committed misusing a Digital Signature in last 10 days it is because no fraudster know the true power of a Digital Signature or you have placed your digital signature certificate in a hand of a person of integrity.
What is first legal requirement for formation of a company? This is willingness to form a company. Who should have this willingness? The promoter! Who will be the promoter? Any person, natural or legal! However, in case of One Person Company only a natural person can incorporate a company. Even in case a legal person, a natural person shall digitally and manually sign the incorporation forms and documents.
This is needless to say even a form for reservation of a name for proposed company need a digital signature among other requirements.
Posted in Chapter II - CA2013, Chapter XI - CA2013, Companies Act 2013, Governance and Responsibility
Tagged Companies Act 2013, CorpLaw, Corporate Law, Digital Signature, Digital Signature Certificate, DSC, India, Ministry of corporate affairs, PAN, Permanent Account Number, Promoter