In today’s pandemic infused world, a digitised way of life has become the new normal. However, legal documentation and contractual agreements have still not adapted to the changing times to offer safer, faster, and paperless methods of contract executions.
To address this issue, the State Government of Tamil Nadu today launched e-Kaiyoppam, an online platform for paperless execution of non-registrable contracts and agreements.
Developed in association with National e-Governance Services Limited (NeSL), a Union Government Company, the e-Kaiyoppam platform enables all the parties to a contract to remotely execute the contracts/agreements in a completely automated manner from the convenience of their home or office.
What is e-Kaiyoppam?
The state of Tamil Nadu is one of India's most urbanised states in India. As a result of this rapid urbanisation, it processes an extensive number of non-registrable contracts like Rent Agreements, Affidavits, Bank Guarantees, Power of Attorney documents, etc.
The e-Kaiyoppam platform aims to digitise all these aforementioned contracts and facilitate all the parties to remotely stamp and sign these documents.
How does e-Kaiyoppam make non-registrable contracts paperless?
With e-Kaiyoppam, the parties to a non-registrable contract do not have to be physically present to sign or stamp the contract. Equipped with NeSL's e-Signing and e-Stamping features embedded within the e-Kaiyoppam platform, the parties can sign and stamp the contracts virtually anytime, anywhere.
For example, when executing a Rent Agreement, all the parties (lessor, lessee, and witnesses) can view the Rent Agreement online on the e-Kaiyoppam platform, e-Stamp it through the platform's payment gateway and e-Sign the same using their Aadhar-registered mobile number, without any intervention of a broker or staff of the Registrar's office.
How do I use e-Kaiyoppam?
Executing a non-registrable contract through the e-Kaiyoppam platform is simple, easy, and fast. Mentioned below are the simple steps to be followed for using the e-Kaiyoppam platform:
1. Sign up on e-Kaiyoppam
Visit the e-Kaiyoppam portal and click on ‘Register Now’ to get started. Enter your contact details like name, Aadhaar-registered mobile number, and email address. Then, enter your Aadhaar Number to complete the e-KYC process.
2. Verify your identity
The e-Kaiyoppam portal requires users to perform e-KYC by confirming their identity. Post uploading Aadhaar and entering the date of birth, e-Kaiyoppam will ask for a mandatory Face Authorization using the webcam of your device. Post verifying your identity, confirm your KYC details to register.
3. Activate your e-Kaiyoppam account
Once the registration form is submitted, the e-Kaiyoppam portal sends out an email to your Aadhar-registered email address. Click on the link in this mail to activate your e-Kaiyoppam account.
4. Log in and get started
Post activation, a user can generate, stamp and sign a host of non-registrable contracts. To begin the process, users have to log in to the e-Kaiyoppam portal.
After successfully logging in, users will be led to the e-Kaiyoppam Dashboard. To register a new contract, select ‘Execute New Agreement’ and enter the details like Type of Document, Tenure, Amount (for e.g., monthly rent, deposit, etc.).
Once these details are confirmed, users can enter the details of the person whom they want to get a signature from. Added parties get notified by e-Kaiyoppam and can digitally sign the contract using an OTP sent to their Aadhaar-registered mobile number.
Take for instance a rent agreement that is to be signed between a tenant and a property owner. The owner can initiate the process on e-Kaiyoppam. A witness and the tenant will be notified and can log in to view the terms of the agreement. When the tenant is ready, s/he can sign the agreement and pay the stamp duty online.
By digitising most non-registrable contracts, the e-Kaiyoppam platform is slated to revolutionise the way agreements are signed in India today. A ‘Digital India’ initiative, the e-Kaiyoppam platform is set to further ease of doing business and create a transparent and unambiguous ecosystem for paperless contract executions.