Aadhaar authentication allowed for e-KYC to establish identity, waiving other documents and enabling account controls. Amendments integrate Aadhaar definitions and permit proof of possession of Aadhaar as an officially valid document, authorize reporting entities to perform Aadhaar e-KYC for clients declaring entitlement to Aadhaar-linked benefits - obviating additional documents upon successful authentication - and require reporting entities to redact Aadhaar numbers where e-KYC is not used; they substitute PAN or Form No.60 as primary documentary requirements in several provisions and set entity-specific certified-document schedules and procedural safeguards for account suspension or closure where PAN/Form No.60 is not provided.
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 allowed for e-KYC to establish identity, waiving other documents and enabling account controls.
Amendments integrate Aadhaar definitions and permit proof of possession of Aadhaar as an officially valid document, authorize reporting entities to perform Aadhaar e-KYC for clients declaring entitlement to Aadhaar-linked benefits - obviating additional documents upon successful authentication - and require reporting entities to redact Aadhaar numbers where e-KYC is not used; they substitute PAN or Form No.60 as primary documentary requirements in several provisions and set entity-specific certified-document schedules and procedural safeguards for account suspension or closure where PAN/Form No.60 is not provided.
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