The Insolvency and Bankruptcy Board of India on 26th July 2021 has notified the Guidelines for Technical Standards for the Performance of Core Services and Other Services (Amendment), 2021 under the Insolvency and Bankruptcy Board of India (Information Utilities) Regulations, 2017.
The amendment defines the term “Identity Details” which means C-KYC number in the C-KYC database maintained by CERSAI or identification number of any OVD of a person who is a resident of India.
The OVD( official valid document) includes Permanent Account Number (PAN) Card, Passport, Driving License, Voter’s Identity Card issued by Election Commission of India and Aadhaar letter/card or the e-Aadhaar (an electronically generated letter from the website of UIDAI), as the case may be.”
The registration process under clause 2.1(5) shall be completed with PAN (legal entity) and PAN or CKYC number (individual), in the absence of PAN or C-KYC number any other ID shall be used and the Unique Identification Number (UIN) by the IU shall be assigned to all the registered users in accordance with these Guidelines.
For a government department or any other agency that does not have PAN or an individual or a legal entity or a foreign entity that has not been issued an ID, IU may issue UIN based on an alternative number assigned by any other authority, wherever available. Where such alternative identifier is not available, UIN shall be issued by the IU, starting with IU code (1 character), indicator for type of person (1 character), followed by 8 alphanumeric characters.”
