Pronunciation: [sˈɪn] (IPA) 
The spelling of the word "CIN" follows the convention of English spelling rules. In IPA phonetic transcription, it is represented as /sɪn/. Here, the "c" is pronounced as /s/ and the vowel "i" sounds as /ɪ/. The ending "n" is pronounced as /n/, indicating the nasal sound. Although "CIN" is not a commonly used word in English, its spelling serves as an example of the consistent application of spelling rules in the language.
CIN stands for Corporate Identification Number, which is a unique alpha-numeric identification code assigned to companies and entities that are registered under the Companies Act, 2013 in India. It is a crucial identifier, issued by the Registrar of Companies (RoC), to ensure transparency and maintain a comprehensive database of all registered companies.
The CIN is used to track and monitor various aspects of a company's operations, including financial transactions, legal compliance, and corporate governance. It consists of 21 characters, including the prefix indicating the type of company (e.g., U for unlisted public companies, L for listed public companies, etc.), followed by a series of numbers and alphabets.
This identification number is mandatory for all companies in India, regardless of their size, industry, or nature of business. It helps in verifying the authenticity and legality of a company's existence, providing easy access to its official records and financial statements. Additionally, the CIN is utilized by regulatory authorities, lenders, investors, and other stakeholders to conduct due diligence and make informed decisions.
The CIN plays a crucial role in enhancing transparency, facilitating government policies, and promoting company law compliance. It serves as a primary identification code for companies in India, ensuring effective corporate governance and accountability.
