कब ज़रूरत पड़ती है
A bank, GST authority, government department or tender wants proof that a business is a sole proprietorship — one individual owns it, with no partner, no company and no separate legal existence apart from that individual — and wants it in the form of a signed and sworn declaration rather than, or in addition to, other registration certificates.
The Reserve Bank of India's KYC directions for opening a current account in the name of a proprietary concern normally call for any two of a list of documents showing the firm's name and address — a registration certificate, GST certificate, Udyam certificate, importer-exporter code, a licence issued by a municipal authority, or similar — and, where the bank cannot get two such documents, a declaration from the proprietor confirming sole proprietorship, together with any other document the bank reasonably asks for. This document is that declaration, drafted as a sworn affidavit so it is accepted wherever a plain declaration would not be.
For an individual who is the sole proprietor of a business in Punjab or Chandigarh, wanting to prove that status to a bank, authority or other third party. Not a registration of the business itself — a proprietorship has no separate registration of its own; what exists are the GST, Udyam, Shop & Establishment or trade registrations the business may separately hold, which this declaration lists where available as supporting evidence.