Important update for CA Members: ICAI restricts revocation of the UDINs within 48 hours:

Important update for CA Members: ICAI restricts revocation of the UDINs within 48 hours As per the update of UDIN Directorate, The Institute of Chartered Accountants of India (ICAI) has decided that revocation of the UDINs will now be allowed within 48 hours. The Council, in its 420th meeting held on 23rd-24th March, 2023, decided that revocation of UDINs would now be possible within 48 hours from the time of its generation. This means that now onwards, the members will be able to revoke the UDINs, if they so desire, only within 48 hours from the time they have been generated. As a result, the authorities/regulators/banks/others, who verify the authenticity of the UDINs would be provided with information that the UDIN, which is being verified, could only be revoked within 48 hours from the time it has been generated. This is for your kind information. For queries, please write to us at [email protected].