The acronym “UDIN” has now been registered under the Trade Marks Act, 1999 in the name of The Institute of Chartered Accountants of India (ICAI).
Unique Document Identification Number (UDIN) a pioneering effort & an innovative concept for validation and authentication of documents certified by the practicing Chartered Accountants.
UDIN is gaining acceptability in business and industry as a tool to bring authenticity to the certificates issued by the Chartered Accountants. Bringing further credibility to its usage, the acronym “UDIN” has now been registered under the Trade Marks Act, 1999 in the name of The Institute of Chartered Accountants of India. Usage of UDIN is virtually eliminating any misrepresentation by a third person claiming to be a Chartered Accountant and signing financial documents/certificates to mislead the authorities and stakeholders.
More than 30 lakh UDINs have been generated and more than 1 lakh members have already registered on UDIN Portal.
Further, a one-time extension in the time limit to generate UDIN from 15 - 30 days has also been provided. This one time relaxation is available on the Certificate/ Report/ Document signed between 20th August, 2019 to 31st December, 2019. However, UDIN so generated has to be communicated to “management” or “those charged with governance” for disseminating it to the stakeholders from their end.