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Question ID : 40489

UDIN for CMA data

After preparing CMA data Banks are insisting CA's to put their signatures . A CA has written Projections Prepared on the basis of Information provided by customer. Whether he will have to generate UDIN

Posted by Mahesh Kumar on Nov 29, 2019

Filed Under MISC.

Answer ID : 80274

No. CMA data contains projection, which are based on assumptions. CA will be guilty of professional misconduct, if he certify projection. UDIN is required to be generated for certification and CA cannot certify CMA data.

Posted by CA. chunauti dholakia on Nov 29, 2019