Some of the major changes envisaged through the proposed Amendment Bill are as follows:
- Allotment of Director Identification Number (DIN) to any individual, intending to be appointed as director in a company or for any existing director of a company, for the purpose of his identification as such, through electronic mode;
- Ensuring secure e filing and authentication of documents consistent with Information Technology Act, 2000 through Digital Signature Certificates. This modality would prevent any tempering of e-documents subsequent to filing. The e-documents shall be registered, maintained and inspected through electronic mode;
- Provision of such value added services by the Government through electronic forms from the electronic database created in the data process.
- Enabling powers to the Government to prescribe rules where necessary to facilitate e filing by corporate entities and access to corporate data statutorily placed in the public domain.
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