A Digital Signature Certificate:-
like hand written signature, establishes the identity of the sender filing the documents through internet which sender cannot revoke or deny. Accordingly, Digital Signature Certificate is a digital equivalent of a hand written signature which has an extra data attached electronically to any message or a document. Digital Signature also ensures that no alterations are made to the data once the document has been digitally signed.
A DSC is normally valid for 1 or 2 years, after which it can be renewed. A Digital Signature is a method of verifying the authenticity of an electronic document. Digital signatures are going to play an important role in our lives with the gradual electrification of records and documents. The IT Act has given legal recognition to digital signature meaning, thereby, that legally it has the same value as handwritten or signed signatures affixed to a document for its verification.The Information Technology Act, 2000 provides the required legal sanctity to the digital signatures based on asymmetric cryptograms. The digital signatures are now accepted at par with handwritten signatures and the electronic documents that have been digitally signed are treated at par with paper documents.
WHO NEEDS A DIGITAL SIGNATURE CERTIFICATE ?
Under MCA21 every person who is required to sign manual documents and returns filed with ROC is required to obtain a Digital Signature Certificate (DSC). Accordingly following have to obtain Digital Signature Certificate: 1.Directors 2.Auditors 3.Company Secretary - Whether in practice or in job. 4. Bank Officials - for Registration and Satisfaction of Charges 5. Other Authorized Signatories.