India’s Registrar of Companies to Issue Certificates by Digital Signature

The Ministry of Corporate Affairs in India has issued a new circular kick starting the “Green Initiative in Corporate Governance” by allowing companies to complete electronic, paperless compliance after considering relevant sections of the Information Technology Act (2000) and the Companies Act (1956).

The circular is intended to cut down the time taken by the Registrar of Companies on issuing certificates manually. It has been decided that certificates and standard letters issued by the Registrar of Companies will now be issued electronically under the Digital Signature of the Registrar of Companies.