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Question ID : 38080


Can we Sign Bank Certificates for Branch Statutory Audits in Bank Branch and issue UDIN later on within 15 days at our Office?

Posted by Mahesh Kumar on Apr 05, 2019

Filed Under AUDIT

Answer ID : 76462

yes, you can do so if bank is ok with the 15 days wait.

Posted by CA. BISHT RAKESH on Apr 05, 2019
Answer ID : 76474

No. Like the membership number and Firm Registration Number you should put the UDIN at the time of signature only. Whenever you signs please put just after generating it following the due process in place.

Posted by CA. JHA SHANKAR KUMAR on Apr 07, 2019
Answer ID : 76484

It can be generated within 15 days. But it is advisable that such signed certificates should be submitted to bank only after quoting UDIN.

Posted by CA. chunauti dholakia on Apr 08, 2019