September 16, 2006 heralds the dawn of a new era for all those involved in the process of statutory filings under the Companies Act, 1956. We cross the digital divide on this day, with all future transactions being in the electronic mode only. This is the opportunity to move seamlessly into a new transparent, hassle-free, e-Governance environment, full of exciting possibilities.

I am happy to note the overwhelming response of all the stakeholders to the Ministry’s MCA-21 initiative I e-Governance, which has made this possible. I thank the corporate world and the professionals for their proactive support in this effort, and look forward to their continued commitment and involvement in adoption of technology-driven processes for the success of this revolutionary initiative.

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a) It can be misused by anyone who is having access to your computer system.
b) DSC is lost if computer system is formatted or internet explorer is changed.

Accordingly, safe and proper method is to keep DSC on e-token, a small USB port devise, which is password protected. The said e-token is a small hardware device and can be plugged to USB port of any system to digitally sign the documents and when not in use can be kept in safe custody.

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.

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