UDIN - Unique Document Identification Number - For Chartered Accountants
Introduction The ICAI’s (Institute of Chartered Accountants of India) Unique Document Identification Number -UDIN is a proactive measure to stop issuance of financial statements and certificates by third persons who are not chartered accountants, instead of the members of ICAI. Such certificates/documents were being issued to various authorities, Banks and other stakeholders by forgery of signatures and misrepresenting themselves before the regulators. To protect the members and to curb the malpractice, the Professional Development Committee of ICAI implemented a unique concept of UDIN - Unique Document Identification Number, by which all documents and certificates will have a unique number as the authenticity of such document/certificate....