PAN card now valid for identity verification by information utilities

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The story "PAN card now valid for identity verification by information utilities" was covered 1 days ago by Business Standard, a news publisher based in India.

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PAN card now valid for identity verification by information utilities - Business Standard

Quick Summary:

If disputed, this can be taken as a defence by the debtor, especially in the case of an operational creditor's application,” Daizy Chawla, managing partner, S&A Law Offices, said.PAN 2.

Most institutional financial creditors submit financial information to it.

It is advisable that they dispute the same, since deemed authentication can be taken as a ground during the adjudication of applications before the National Company Law Tribunal (NCLT) by creditors.