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Which of the following statements is FALSE with reference to digital signatures in India?
The correct answer is Director ?Identification Number (DIN) is a pre-requisite to obtain a Digital Signature.Statement 3 is false:Director Identification Number (DIN) will be a pre-requisite only for filing certain company-related documents not to obtain a Digital signature.Director Identification Number (DIN) is a unique identification number for an existing director or a person intending to become the director of a company.Additional InformationStatement 1 is true:Certifying Authorities (CA) has been granted a license to issue a digital signature certificate under Section 24 of the Indian IT-Act 2000.One can procure Class 2 or 3 certificates from any of the certifying authorities.Statement 2 is true:The Certifying Authorities are authorized to issue a Digital Signature Certificate (DSC) with a validity of one or two years.The maximum period for which the DSC is issued is only two years.On the expiry of the term, the Digital Signature Certificate can be revalidated by paying the fees again.Statement 4 is true:Digital signatures issued by licensed Certifying Authorities are legally valid in a court of law as per the IT Act, 2000.Under Section 2(p) and Section 3 of the Act, digital signatures are considered reliable, legal, and secure because digital signatures employ hash functions and cryptosystems for electronic records.Download Solution PDFShare on Whatsapp
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