Aadhaar authentication requirement mandates Aadhaar and PAN submission for KYC, with accounts suspended for noncompliance. Amendments insert Aadhaar-focused definitions and require reporting entities to collect Aadhaar numbers and PAN/Form 60 (or proof of Aadhaar enrolment/officially valid documents) across individuals and entity clients, prescribe authentication via e-KYC or Yes/No facilities, set documentary and monitoring rules for small accounts, require constitutional and authorisation documents for companies, firms, trusts and associations, and mandate that accounts become non-operational if eligible clients fail to submit Aadhaar and PAN within prescribed timelines.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Aadhaar authentication requirement mandates Aadhaar and PAN submission for KYC, with accounts suspended for noncompliance.
Amendments insert Aadhaar-focused definitions and require reporting entities to collect Aadhaar numbers and PAN/Form 60 (or proof of Aadhaar enrolment/officially valid documents) across individuals and entity clients, prescribe authentication via e-KYC or Yes/No facilities, set documentary and monitoring rules for small accounts, require constitutional and authorisation documents for companies, firms, trusts and associations, and mandate that accounts become non-operational if eligible clients fail to submit Aadhaar and PAN within prescribed timelines.
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