ROC - Search Authorized Signatories

Overview

Introduction

This API allows one to retrieve details of the authorized signatories for a given company. By providing either the Permanent Account Number (PAN) or the Corporate Identification Number (CIN) of a company. What is an Authorized Signatory - An authorized signatory is an individual who has been granted the legal authority to sign documents on behalf of a company or organization. This authority empowers them to enter into contracts, approve financial transactions, and make other legally binding decisions for the entity they represent

Who can be authorized signatory - An authorized signatory is an individual who has been granted the legal authority to sign documents on behalf of a company or organization.Thisauthority empowers them to enter into contracts, approve financial transactions, and make other legally binding decisions for the entity they represent.

Here's a breakdown of key aspects:

Authorization Process:

Governing Documents: The company's articles of incorporation or bylaws may specify certain positions (like directors) who automatically have signing authority.
Board Resolution: The board of directors can pass a resolution explicitly granting signing authority to specific individuals.
Power of Attorney: A company can issue a power of attorney to an individual, granting them temporary or specific signing rights. This is often registered.

Who Can Be an Authorized Signatory?

The designation depends on the company's structure and internal policies. Common examples include:

Company Directors: Often have inherent authority.
Executives: CEOs, CFOs, and other senior leaders typically have broad signing powers.
Legal Representatives: General counsel or legal officers may be authorized for specific legal documents.
Managers: Department heads might have signing authority for operational matters within their purview.
Other Employees: In some cases, employees in finance, procurement, or other departments may have limited signing rights for specific types of documents.

Use Cases:

KYC (Know Your Customer) Verification: Integrate this API into your onboarding process to verify the authorized signatories of businesses.
Compliance Checks: Ensure that you have the most up-to-date information on who is legally authorized to represent a company for compliance purposes.
Business Intelligence: Obtain insights into the leadership structure of companies.
Automated Reporting: Include authorized signatory details in your automated reports about companies.

API Details

Endpoints

https://api.signzy.app/api/v3/roc/searchAuthorizedSignatory

API Request

curl --location 'https://api-preproduction.signzy.app/api/v3/roc/searchAuthorizedSignatory' \
--header 'Authorization: <AUTH_KEY>' \
--header 'x-client-unique-id: <UNIQUE_ID>' \
--header 'Content-Type: application/json' \
--data-raw '{
    "cin": "U74999MH2015PTC404635",
    "pan": "AAWCS3552Q"
}'

API Request Body Parameters

Parameter	Data Type	Description	Validations
cin	String	cin / llpin number of organization	21 character CIN number or 7 character LLPIN number
pan	String	pan number of organization	10 character Alphanumeric PAN number

API Response Body

{
    "error": {
        "name": "error",
        "message": "Invalid PAN",
        "status": "Bad Request",
        "reason": "VALIDATION_ERROR",
        "type": "Bad Request",
        "statusCode": 400
    }
}

API Response Body Parameters

Parameter	Description	Data Type
Signztories	Array of All the Signatories object	Array
din	Din number of Director	String
name	Name of Director	String
designation	Designation of Signatory in the Company	String
dateOfAssociation	When Person Associated with Company (As Per MCA)	String
dateOfCessation	When the person cessed their association with company (As Per MCA)	String
personType	Tells whether the person is signatory or not	String

Getting Help

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