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Types of Digital Signature

PRAVEEN KUMAR (MBA (Finance) B.Com.(P)) (3438 Points)

12 June 2009

Hi, can someone tell me how many types of Digital Signatures are exist, what are their usage and there features etc. wht is the diference between them. please tell. Thanks & Regards Praveen

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Sourabh Sharma (CS CA (Final) M.com NCFM Derivative Capital Market Mutual Funds) (771 Points)
Replied 12 June 2009

1. What is a Digital Signature Certificate?

Digital Signature Certificates (DSC) are the digital equivalent (that is electronic format) of physical or paper certificates. Examples of physical certificates are drivers' licenses, passports or membership cards. Certificates serve as proof of identity of an individual for a certain purpose; for example, a driver's license identifies someone who can legally drive in a particular country. Likewise, a digital certificate can be presented electronically to prove your identity, to access information or services on the Internet or to sign certain documents digitally.

2. Why is Digital Signature Certificate (DSC) required?

Like physical documents are signed manually, electronic documents, for example e-forms are required to be signed digitally using a Digital Signature Certificate.

3. Who issues the Digital Signature Certificate?

A licensed Certifying Authority (CA) issues the digital signature. Certifying Authority (CA) means a person who has been granted a license to issue a digital signature certificate under Section 24 of the Indian IT-Act 2000.

The list of licensed CAs along with their contact information is available on the MCA portal (www.mca.gov.in).

4. What are the different types of Digital Signature Certificates valid for MCA21 program?

The different types of Digital Signature Certificates are: Class 2: Here, the identity of a person is verified against a trusted, pre-verified database.

Class 3: This is the highest level where the person needs to present himself or herself in front of a Registration Authority (RA) and prove his/ her identity.

5. What type of Digital Signature Certificate (DSC) is to be obtained for eFiling on the MCA Portal?

DSC of Class 2 and Class 3 category issued by a licensed Certifying Authority (CA) needs to be obtained for efiling on the MCA Portal.

6. Is Director Identification Number (DIN) a pre-requisite to apply for DSC?

No.

7. What is the cost of obtaining a Digital Signature Certificate?

The cost of obtaining a digital signature certificate may vary as there are many entities issuing DSCs and their charges may differ.

8. How much time do CAs take to issue a DSC?

The time taken by CAs to issue a DSC may vary from three to seven days.

9. What is the validity period of a Digital Signature Certificate?

The Certifying Authorities are authorized to issue a Digital Signature Certificate with a validity of one or two years.

10. What is the legal status of a Digital Signature?

Digital Signatures are legally admissible in a Court of Law, as provided under the provisions of IT

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PRAVEEN KUMAR (MBA (Finance) B.Com.(P)) (3438 Points)
Replied 12 June 2009

Hi sourabh,

thanks for info.

it means there are 2 types of Digital signature in exist.

class 2 & class 3,

what about class 1, please clarify

Thanks

Praveen

Sourabh Sharma (CS CA (Final) M.com NCFM Derivative Capital Market Mutual Funds) (771 Points)
Replied 12 June 2009

There are basically 3 types of Digital Signature Certificates Class-1, Class-2 & Class-3 each having different level of security.

All the authorized signatories of company under MCA21 require Class-2 Digital Signature Certificate.

Similarly any document filed by CA/CS/CWA & TAX PRACTIONERS under MCA21 require Class-2 Digital Signature Certificate.

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PRAVEEN KUMAR (MBA (Finance) B.Com.(P)) (3438 Points)
Replied 13 June 2009

Thankx

Wht is the use of class 1

what is the use of class 3

class 2 you hv told above

Thnx

Praveen

Skand Kamat (Student) (197 Points)
Replied 13 June 2009

Thanks for the info Sourabh

Sourabh Sharma (CS CA (Final) M.com NCFM Derivative Capital Market Mutual Funds) (771 Points)
Replied 13 June 2009

Class 1 signatures are used for identification of username/email ID [stating that, a particular username/email ID belongs to a particular person]. However,it is not allowed to sign any Statutory / Business Documents.

Class 2 signatures are issued to the Individuals for either Personal [A] or Business Purposes [B].

Class 3 signatures are issued to the Businesses on either Individual [A] or Organization Level [B].

Note that, to avail Class 3 signatures, applicant should appear infront of Certifying Authority [or a authorised person by Certifying Authority] and submit the documents. But Class 2 signatures can be availed from Dealers / Resellers of Certifying Authority, by submitting the documents.

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