Digital Signature Certificate
Digital Signature Certificate
PROVISIONS
Allocations for DSC are provided under Information Technology Act, 2000 in
other words signatures which are authorized by the IT Act are identical to
handwritten signatures and vice-versa. The foremost objective of IT Act 2000 was
to promote the utilization of DSC for e-commerce and e-governance. As
mentioned above DSC was initially introduced in 2000 under Sec.2 (1) in spite of
that, it was changed in 2008 to Electronic Signatures and thereafter in 2016 to E-
sign online signature or E-Hastakshar. The division is done only for the purpose
none other than sake of clarity or else digital system under Phase 1 i.e. 2000 would
have been continued.
CLASSIFICATION
Depending upon the applicability and assurance level of DSC there are three kind
of DSC:
MERITS
Conserves Cost And Time: When there was no DSC documents were required to
be signed b all the officials and recipients of the agreement or official agreement
but because of DSC authentication of the documents is very fast and easy without
spending any unnecessary expenses. Therefore, using DSC procedure time and
cost both are saved along with work is completed in a sooth manner.
Simple and Faster Payment: One can sign a contract and close documents or even
can endure faster closure of a sale through DSC. Moreover, any kind of
documents can be streamlined very easily with the help of DSC.
Magnified Security: DSC is better than signing the documents physically as when
it comes to protect the documents from frauds DSC provides encryption
which protects the documents from getting used wrongly or being tampered.
Customer Service Intensified: A lot of the businesses are conducted online through
smartphones, therefore, most of the customers expect online and instant
services where DSC is one of the very simple procedure as well as helps in
sustaining customer’s loyalty.
OBTAIN DSC
DSC can be obtained by directly approaching Certifying
Authorities. These authorities are licensed by the
MCA(Ministry of Corporate Affairs) to provide DSC to
applicants, under Section 24 of Indian IT-Act 2000. The
applicants can apply with original supporting documents and
self-recognized copies like address proofs. An individual can
also opt for PAN-based and Adhaar online application. After
the submission of required fess the applicant need to verify
an e-KYC which is done by submitting a pre-recorded video
to certifying authority. After the completion of this process a
DSC is generated electronically. An encrypted pen drive is
also received by the applicant. Even so, Company
Representatives and Professionals are not required to submit
any fees while obtaining DSC from Certifying Authorities.
Nevertheless, payment method for other applicants must be
Demand Draft or Cheque.
CONCLUSION
Therefore, DSC has become one of the greatest technologies in today’s modern
world of technology and use of DSC in place of the traditional signatures has
expanded over the time on a large scale. Information Technology Act of 2000
covers a wide range of topics of DSC, including definition of DSC, types of DSC,
authority estimated with awarding DSC. One of the biggest merits available in
DSC is that it is admissible DSC is special for its electronic medium and encrypted
form which makes it more authentic and provides convenience, protection and
efficiency from third-party interference. However, DSC provides a strong evidence
or proof that the invoice was initially generated and was authenticated by the
sender, moreover; the information was not changes all through the route.
Nowadays, in India Class 2 DSC is not renewed or issued, whereas Class 3 DSC
which provides a very high security is issued to applicants