One of the famous modes of entertainment is the movie industry. There is a very famous saying that the actors are a part of the movie, but the director is the movie. It isn’t the picture, and it isn’t the camera – it’s the operator. Take for example the Bahubali series. A simple movie with a very common storyline was made extravagant with the vision of its director. Such is the impact; a director has on the production and the success. The directors in the movie business can often be compared to the director of a company. A director of a company is a person who is responsible for managing the company’s business activities. The director makes the decisions for the betterment of the company and its employees. These decisions are to be conveyed to the employees but require authentication. This authentication is then provided by the digital signatures.
Digital Signature Certificate or DSC is the authentication of the identity of the person owning it. A digital signature is the electronic form of one’s signature. A digital signature on any document validates its legality and application.
Only you can use the digital signature issued on your name. Use of any other digital signature against your name is illegal and will be liable for punishment and penalty.
The Controller of Certification Agencies forms the certification agencies which then issues the digital signature certificates for the required individuals under the Information Technology Act 2000. There eight certification agencies Disclosure Record of Safescrypt, Disclosure Record of iTrust, National Informatics Centre, Disclosure Record of (n) Code Solutions, Disclosure Record of e-Mudhra, Disclosure Record of CDAC, Disclosure Record of NSDL e-Gov and Disclosure Record of Capricorn.
Class 2: When the digital signature is used for filing Income Tax documents, registrar of company and Value Added Tax Documents, Class 2 type of DCS is issued.
Class 3: When the digital signature is used for filling supplier registration, contract form, bidding document, and filing of tenders, Class 3 type of DCS are issued.
Director General Foreign Trade: When importers and exporters use the digital signature for foreign trade documents DGFT DCS is issued.
The DSC issued is valid for either 1 year, 2 years or 3 years for class 2 and class 3 type and 1 year or 2 years for DGFT type. After the expiry of existing DSC, the same can be renewed again for no limit of years.
The cost includes the cost of the medium, cost of issuance and cost of renewing the certificate and the agency under which it is issued. Following is the average price of DSC.
|DSC Type||DSC Issued for||Validity (in years)||Price|
You have to submit all the documents to any one of the certification centres to obtain a Digital Signature Certificate.
The number allotted to a director of a company which is unique is known as Director Identification Number. The DIN describes the details of the person to whom it is allotted. It is compulsory for every director to acquire this number according to the Companies Act 2006. DIN ensures that the director carries out his roles and responsibilities mentioned in the Companies Act efficiently and do not conduct any fraud activities.
The application fees required to be submitted for obtaining a DIN is Rs 500.
Successful submission of the documents and payment fees will start your application process, and an approved DIN will be issued against your name.
In case any duplicate application is found in your name, you will be provided with a provisional DIN which upon e-Verification through DIR-4, will change to the approved DIN.
The DIN application may get rejected due to the following reasons:
The DSC provides authentication to the online document, and the DIN provides the identification to the director of a company. You need to have a DSC to apply for DIN. Therefore, if you are being promoted to a director of your company, you need to apply for your DIN, and you must have the DSC.