eSignature Word for Legal Online

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[full disclosure: I’m VP Digital Transformation at Solutions Notarius Inc., a company that supplies electronic and digital signature solutions]Great question. I perceive the biggest challenges in relation to electronic and digital signatures to be:Not understanding the function of a signature and therefore what e-signatures are. In the physical world, people intuitively understand what a signature is in its manuscript form, whereas in the electronic world, e-signatures encompass a much wider range of possible forms, from email signature blocks to voice recordings to secured online session date (when you click « I accept ») to images of manuscript signatures to cryptographically protected digital signatures. A signature is a permanent mark that is unique, exclusively used and traceable to a person and affixed on static information with implied or expressed intention. Everything in the electronic world that fulfils that function is a signature.Not understanding that e-signatures are a means to an end / that end is legal reliability. Whenever you are applying a signature to something, especially documents, it is to create evidence of a transaction. The degree to which that evidence will possess the following four reliability attributes will affect the probative value of the evidence: identity (certainty of the identity of signers), integrity (certainty of no undetected changes to document / information signed), authenticity (all that is required to prove identity and longevity is embedded in the document itself) and longevity (document or information signed can be opened, read and authenticated for at least its retention period).Not understanding that there is no such thing as “universally legally valid e-signatures”. People often ask “are electronic signatures legal and are they recognized by courts”? Ascertaining the legality of a form of signature calls for a 4 step analysis, always. First, what is the applicable jurisdiction for a specific or category of information / documents? Some contracts for example include a forum conveniens clause which make applicable the laws of a specific jurisdiction. Second, in that jurisdiction, what are the form requirements for signing those documents? Form requirements may include signing before a Commissioner of oaths and some statutes even prescribe the use of paper (!) in some cases. Third, absent specific form requirements, what is the general default legal regime that governs e-signatures for that type of documents in that jurisdiction? Fourth, is the e-signature solution you plan to use / have used will meet statutory functional requirements? So, in conclusion and from the previous 4 step analysis, it should be clear there cannot possibly be any e-signature solution that is universally legally valid for all types of documents in all jurisdictions.Administrative Adoption. When UNCITRAL e-commerce model laws where adopted worldwide in the period 1998–2008, it created a vexing situation where e-signatures were legal but not administratively adopted. Even if a statute proclaims as a general rule, for example, that “you cannot deprive of legal effect a document that is electronically signed solely on the basis that it is electronic”, administrations such as governments and banks, when they insist on receiving and processing paper documents, are maintaining a barrier to the adoption of e-signatures that e-commerce statutes were supposed to help take down.Not understanding that e-signatures are not all equal when assessing reliability. To assess the reliability of a particular e-signature, one has to assess identity (is the identity of signers reliable? why?), integrity (are changes to the document correctly invaluable dating associated e-signatures? can the original document signed be retrieved notwithstanding changes?), authenticity (is all necessary information to prove identity and integrity embedded in the document - in which case the document is a proof; or not - in which case it is merely a commencement of proof) and longevity (is the document signed and preserved in a logical format - for example ISO 19005 PDF/A with PAdES LTV signatures) - that will ensure it remains readable and verifiable for as long as required?). The word of e-signatures, when it comes to understanding the range of reliability offered - or lack thereof! - is severally lacking in its general knowledge of what makes an e-signature reliable. For example, an signNow Self-Sign certificate that is auto-generated by a user is great for integrity but worthless for identity because the user can declare whatever identity they choose in the certificate.There are other problems and challenges of course but the above are top of mind challenges I see and encounter all the time.

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Electronic signature also known as online signature service is a method through which the signee gives upon his agreement to information specified in the document. With the emergence of Electronic signature the need to print, scan or fax paper copies is eliminated entirely. In today’s digital world where everything is moving online so is the signing process especially when it holds legal importance and provides security to the information.Here Are Some Best E-Signature Software In 2019-MSB DocsIt is a smart and secure e signatures solution that helps in digitalizing burdensome paper process...

An electronic Signature is a digital form of a traditional wet ink signature. It provides secure and seamless signing transaction providing the full user authentication. The documents signed electronically are more secure and tamper-proof. The Information Technology Act provides legal recognition to the electronic signatures.MSB Smart Document Solution provides both electronic as well as digital signatures. Any type of document electronically signed via MSB is legally binding as it meets all the legal standards across the globe. For more electronic signature information, please check this link.

Any industry involving a large amount of paperwork make use electronic signatures. In other words, all industries make use of electronic signatures because all of them have piles of paperwork to handle. Some examples of such industries include financial, life science, healthcare and pharmaceutical industries.Industries such as the pharmaceutical industry, have a number of licenses and other paperwork that they have to handle and keep track of. It can be a tedious task to perform such cumbersome paper processes. Therefore, e-signatures can facilitate an organisation in keeping a track of all this paperwork, by signing electronically.Healthcare industries usually involve time-sensitive documents, which need to be urgently completed. But, it can take days in case of the traditional wet ink paper signatures for the documents to signNow the signer and back, if the parties are geographically scattered. But with electronic signatures, that is not the case. Geographical barriers do not play a role. Documents which earlier needed days to be completed, can now be signed and sent back within minutes, in the click of a button. Furthermore, it takes a long time to bring assets under management. The time taken by the signing process, if wet ink paper signatures are used, may even further delay the process. But by using electronic signatures, the whole process can speed up.Apart from these, there are many paper prone industries which require huge amount of paperwork and with the use of electronic signatures they can make their everyday processes smoother and more efficient.

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Algorithm for starting a Private Limited Company: Engineer's View Personally I believe, If someone is starting a company with long term perspective or to bring some change through their unique Product/Services, one must go for Private limited firm. Prime reason for this is easy to raise funds from Angels/VC in case you go for investment. Step 1. Registration of Company 1. Name Selection: Check whether your desired company name is available or not at MCA website [ http://www.mca.gov.in/ ]. Name must be unique & must resemble with business you intend to do (highlighted one). EX: Arihant Labs Retail Services Pvt. Ltd 2. Registration of Name at ROC: Name approval usually takes maximum of 14 days. This is done online through MCA website. Moreover, you need to apply with at least 4 names for approval with a writeup about significance of names with main business of the company. 3. 1. Documents Required: 2. 1. Options for names for the proposed Company (on the basis of preference) 2. Amount of Share Capital; proposed shareholding ratio 3. A paragraph on the proposed major line of business of the company (main objects) 4. City of Registered Office. 5. Copy of ownership deed/sale deed(if property is owned) 6. Copy of rent agreement with NOC (if property is rented) 7. Copy of latest electricity bill/telephone bill/mobile bill for both directors 8. Copy of latest electric bill/telephone bill for the registered office proof. 4. Obtaining DIN & DSC: 5. 1. Documents Required 2. 1. PAN Card copies for directors and shareholders. 2. Voter ID/Passport/Driving License for directors and shareholders. 3. Occupation of the Directors for directors and shareholders. 4. E-Mail IDs of all directors and shareholders. 5. Phone Numbers for all directors and shareholders. 6. Photos for directors and shareholders 6. Company Incorporation: After above mentioned formalities have been completed, we need to file following forms/docs in Rs 100 stamp paper: 7. 1. Affidavits for non- acceptance 2. INC 9, INC 10 3. DIR 2 4. NOC : This is required to be filed by the owner of the property on which your company will be situated. 5. Subscriber Sheets of MOA & AOA 6. Documents required for filling MOA & AOA 7. 1. Must be filled on OWN handwriting 2. Passport size photos 3. Sheets needs to be witnessed by CA/CS/Advocate Step 2. Obtaining PAN/TAN: After company gets incorporated, you may apply for PAN/TAN. Step 3. Trade Licence in case you are selling PRODUCTS: This is required in some places for carrying out sales. You can obtain this from local Municipality. Step 4. VAT/CST registration for selling Products: For selling intra-state, you need VAT registration & for selling inter-state, you need to register for CST. 1. Documents Required: 2. 1. Trade Licence 2. Company Incorporation Certificate 3. PAN card of company as well as of all the directors 4. Proof of residence of Directors 5. Proof of occupancy of place of business (Rent agreement/ ownership deed, Rent Bills etc) 6. MOA & AOA of company 7. Current Account in the name of company in any national bank Step 5. Service tax registration for Service Industry: In India, you need to pay service tax of 14.5% on every services you have charged customer for. 1. Documents Required: 2. 1. Company Incorporation Certificate 2. PAN card of company as well as of all the directors 3. Proof of residence of Directors 4. Proof of occupancy of place of business (Rent agreement/ ownership deed, Rent Bills etc) 5. MOA & AOA of company 6. Current Account in the name of company in any national bank That's All folks! Your STARTUP is up to Conquer the World. UPVOTE & SHARE your views/issues We at labkafe [ http://labkafe.com/ ], prefer taxmantra [ http://taxmantra.com/ ] for our legal requirements.

Esignly is an e signature app which provides proficient and innovative e signature solutions to its customers. Esignly is a product of Cyber Infrastructure (P) Limited and offers a line of services right from creating, signing, and sending to tracking and managing documents online.This electronic signature app provides its user with a single account which can le logged in from any electronic device and access it anytime.Here is a list of features provided this app that proves Esignly’s reputation in the industry as an admirable Digital Signature Tool-API- Helps in doing eSignatures swiftly ...

In India, you can trademark any of the following or even a combination of these things:Letter, Number, Word, Phrase, Logo, Graphic, Smell, Sound Mark or a Combination of ColorsSo, what is the procedure of registering a trademark?Step 1: Search for a “crazy-enough” brand nameYou get the point, don’t you? Come up with a whacky and quirky brand name, because all the generic ones are any which way taken. Before zeroing in on one name, you might want to do a quick search to make sure that no one else is already using the name. And your best bet would be to use invented or coined words, in a combination with generic words.Step 2: Making the trademark applicationNow that your name is finalized upon, fill in the trademark application i.e. Form- T.M. , the application costs INR 3500 and is a one time fee.Along with the application, you will need to submit a couple of supporting documents:1. A Business registration concern: Depending on what type of a registered business you have, say sole proprietorship, etc. you will need to submit an identity proof of the directors of the company and an address proof.2. An image of your brand logo in a standard size of 9 x 5 cms3. If applicable, proof of claim of the proposed mark being used before in another country.Step 3: Filling the brand name registration applicationThere are 2 ways to file the registration – manual filing or e-filling.In case of manual filing, you will need to personally walk down and submit the application for registration to any one of the offices of the Registrar of Trade Marks located in Mumbai, Delhi, Kolkata, Chennai and Ahmedabad. After which you receive the acknowledgement of the application and the receipt, usually within 15-20 days of the filing.But in e-filing system, the acknowledgement of the application is issued immediately.And after you receive the acknowledgement, you can start using the (TM) symbol next to the brand name!Step 4: Examining the brand name registration applicationAfter receiving the application, the Registrar checks whether the brand name complies with the law and does not conflict or dispute with other existing registered or pending brands. That’s why, quirky brand name, people! If there is an objection then a hearing is called before the Trademark hearing office where the applicant and the objecting party gives evidence for their stand. Based on the evidence and hearing the officer decides to accept or reject the Trademark registration.If not opposed then the Trademark registration certificate will be given.Step 5: Publication in the Indian Trade Mark JournalsAfter examination, the logo or brand name is published in the Indian Trade Mark Journal. If no one raises an opposition within 3 months i.e. 90 days or in some cases 120 days, from the date of publication, the brand name proceeds to acceptance.Step 6: Issuance of the trademark registration certificateIf no one raises any opposition, within the stipulated 90 days period, the Registrar accepts the trademark application! And issues a Certificate of Registration under the seal of Trademark Registry.You may now be allowed to use the registered trademark symbol (®) next to your brand name, once the certificate has been issued.The whole process of registration of a brand name usually takes anything between 15-18 months. The trademark once accepted, is valid for a period of 10 years from the date of issuance of the Certificate of Registration. After the end of 10 years, the trademark will need to be renewed.See more at: Trademark Registration process - WazzeerAlthough the process of registering a trademark is lengthy and a little heavy on the pocket, it is definitely worth the investment of legally protecting your brand.For any help regarding this, you can signNow us at http://www.wazzeer.comIn case, you are thinking of getting some free advise from an experienced Lawyer (and Accountant), checkout Counsel application of Wazzeer.#WazzeerKACounsel**For any Legal and Accounting support, Happy to help you, let us talkPS: Wazzeer Loves entrepreneurs #GoGetIt