NESL request for authentication

Dear Sir/Madam,

we recently received any email from NESL team stating to register DSC and authentic.

Please confirm if we received this email because we updated for KYC in amex ? as email states American express as creditor.

please clarify why they want us to authenticate.
Replies (2)
Quick Summary
This discussion clarifies a recent email from NESL requesting Digital Signature Certificate (DSC) registration and authentication. It explains that this process is a requirement under the Insolvency and Bankruptcy Code (IBC), 2016, and IU Regulations. All parties connected to a debt must authenticate financial information furnished by others using their digital signature or Aadhaar-based e-signature. NeSL will store this authenticated data for use during the Insolvency Resolution Process, with options to add remarks or refer disputed details back to the financial creditor.

As per the provisions of IBC, 2016 & IU Regulations, the financial information furnished by one of the parties connected to a debt needs to be verified & authenticated by all other parties connected to the debt by affixing their digital signature or Aadhar based e-signature.  NeSL would be storing the authenticated information with it, for providing access to the persons specified in the Act, during the Insolvency Resolution Process.

All the parties connected to Debt need to electronically authenticate the information with an IU, in order to store the information.

The party authenticating the information is provided with an option to review and affix his remarks item-wise for the data, while authenticating the information furnished by an Information Utility.  Such disputed details would be referred back to financial creditor/banks for resolution.

Can it be simplified?

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
08 August 2026
International Corporate Tax Advisory

Shulke

Bengaluru

CA

View Details
Company
11 August 2026
Manager / Senior Manager - Statutory Audit

CommerceCareer

New Delhi

CA

View Details
Company
ARTICLESHIP 01 September 2026
Article Assistant

SGNG & Associates

New Delhi

CA Inter

View Details
Company
28 August 2026
Audit Manager

K A R M & CO

Mumbai

CMA

View Details
Company
ARTICLESHIP 10 August 2026
Article Assistant

Suraj Garg and Associates

New Delhi

CA Inter

View Details
Company
29 August 2026
Chartered Accountant

Velionit Consulting PVT LTd

Mumbai

CA

View Details
Company
21 August 2026
Finance Manager

Resollect Technologies Pvt Ltd

Mumbai

CA

View Details
Company
Featured 19 August 2026
Chartered Accountant

apricus india

Pune

CA

View Details