CS Professional · Banking and Insurance - Laws and Practice · Digital Banking
A foreign Certifying Authority issues an electronic signature Certificate to an Indian bank's overseas customer. Under Section 19 of the IT Act, 2000, when is that Certificate valid for the purposes of the Act?
The Certificate is valid when the Controller, with the Central Government's previous approval, has recognised the foreign Certifying Authority by notification in the Official Gazette. Section 19 of the IT Act, 2000 makes certificates of a recognised authority valid for the Act.
- AWhen the Controller, with the previous approval of the Central Government, has recognised that foreign Certifying Authority by notification in the Official GazetteCorrect
- BAutomatically, since any foreign Certifying Authority is recognised by default
- CWhen the customer's bank issues a circular accepting the Certificate
- DWhen the Reserve Bank of India notifies the foreign authority as a Certifying Authority
Explanation
Section 19(1) lets the Controller, with the previous approval of the Central Government and by Gazette notification, recognise a foreign Certifying Authority. Under 19(2), Certificates issued by a recognised authority are valid. Recognition can be revoked under 19(3).
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