CERSAI2.0 AOR Transactions User Manual 14032022

CERSAI 2.
0 AOR Transactions
User Manual
TATA Consultancy Services Ltd.

10 - March - 2022
Version 1.3
CERSAI 2.0 – AOR Transactions User Manual ver. 1.3
Document Revision History
Version Date Revision / Changes Author Reviewer

1.0 11-Jun-2020 CERSAI 2.0 AOR Transactions Parul Verma Shaloo Bokolia
Shivi Chhabra
1.1 13-July-2021 Save as Draft & My Worklist Shivi Chhabra
1.2 06-Jan-2022 Changes in Key features of AOR Transactions Shivi Chhabra Shivi Chhabra
1.3 10-Mar-2022 Submit With/Without Deduplication Shivi Chhabra Shivi Chhabra
TCS & CERSAI Confidential This file is available on URL: https://cersai.org.in/CERSAI/home.prg Page 1 of 23
Table of Contents
........................................................................................................................................................................... 0
Document Revision History............................................................................................................................... 1
CERSAI 2.0 ASSIGNMENT OF RECEIVABLES (AOR) TRANSACTIONS ............................................................................... 3
AOR Registration ............................................................................................................................................... 3
Save as Draft ................................................................................................................................................... 10
My Worklist ..................................................................................................................................................... 11
AOR Rectification ............................................................................................................................................ 14
AOR Satisfaction.............................................................................................................................................. 20
Key Features of AOR Transactions .................................................................................................................. 22
CERSAI 2.0 ASSIGNMENT OF RECEIVABLES (AOR) TRANSACTIONS
AOR Registration
Registering Factoring Transaction is the registration of institution’s charge over the invoices on the CERSAI
Registry
Click on Login button on top right-hand side, a window will pop-up where user will enter credential. After
plugging Digital Signature Class III, user will enter valid credential, captcha and click on Login button.
After Successful Login Home page appear on the screen
Click on the Menu button adjacent to CERSAI logo and Open AOR Registration Page using path Assignment Of
Receivables -> Registration
AOR Registration Form open
Mandatory fields are marked with asterisk (*) sign. These fields cannot be left as blank.
Below are the Type of Transaction options available to the users under AOR Registration
Form is divided into Assignor Details, Debtor Details and Assignment Details / Factoring Unit Details / Invoice
Details.
Fill all the mandatory details in the Form and click on Submit
User can submit transaction using two ways:
1) Submit without Deduplication
Click on Submit without Deduplication button.
A pop of consent will appear for confirming user action.
In this case, Matching records will not be shown to the user and On Clicking Okay button, AOR Registration
transaction will be successfully registered in Central Registry.
2.) Submit with Deduplication
Click on Submit with Deduplication button.
A pop of consent will appear for confirming user action.
Click on Okay button. Matching record will be shown to the user when user click on submit with deduplication
button.
On Clicking Proceed button, AOR Registration transaction will be successfully registered in Central Registry.
Save as Draft
'Save as Draft’ option have been provided to the users in CERSAI 2.0 system. Users have the option of saving a
transaction mid-way as draft, which they can load and finish later.
Fill the Form and click Save as Draft button.
My Worklist
User Drafted Transactions
Draft transaction is available under My Worklist -> User Drafted Transaction
Transaction is visible in User Drafted Transaction screen
Rejected Transactions
Transactions rejected through Batch is available under My Worklist -> Rejected Transactions
Transaction is visible in Rejected Transaction screen. User can click on Submit Again Link for resubmitting the
transaction.
AOR Rectification
“Rectification of Factoring Transaction” process is used when any correction is to be done in an already registered
Factoring Transaction
Click on the Menu button adjacent to CERSAI logo and Open AOR Rectification Page using path Assignment of
Receivables - > Rectification
Enter AOR Id to be rectified and click on Proceed
AOR Rectification Form open.
Rectify the value present in the Form and click on Submit.
Click on Submit.
Transaction will go to Govt. Worklist for approval. And once transaction gets approved by the Govt. official,
changes made in the Rectification Transaction saved in the Central Registry
Govt Official log-in into the CERSAI system using valid user credentials.
Rectification Transaction Id visible in Govt. Worklist.
Central Govt. Approve the transaction by selecting the transaction. Fill all mandatory fields and click on Submit
Transaction is successfully approved by Central Government
After Govt. approval, transaction goes to User Worklist
User Log-in the CERSAI system using valid user credentials. Click on ‘Government Approved Transactions’ option
available under My Worklist.
Transaction approved by Central Govt. is displayed on the user screen.
User need to Approve the Transaction at his/her end too.
Select Transaction Id approved by Govt. and choose Approve and click on Submit.
Rectification transaction successfully completed in CERSAI Registry.
AOR Satisfaction
Once the charge is satisfied, the charge in the CERSAI register should be marked as satisfied.
Click on the Menu button adjacent to CERSAI logo and Open AOR Satisfaction Page using path Assignment of
Receivables -> Satisfaction
Enter AOR Id to be satisfied and click on Proceed
AOR Satisfaction Form open
Fill Satisfaction form and click on Confirm Satisfaction
AOR Satisfaction Transaction successfully completed in CERSAI Registry.
Key Features of AOR Transactions
1) Delay Condonation is applicable for below AOR Transactions:

a) AOR Registration
b) AOR Satisfaction
2) Delay calculated on AOR Registration, AOR Satisfaction Transaction depending on No of Days delay.
3) If AOR Registration is between 0-10 days: Normal Fees applicable. If AOR Registration is beyond 10 days and
upto 20 days, then Ten times of the basic fee applicable. If AOR Registration is beyond 20 days, then
Ten times of the basic fee applicable and Govt approval required (Condonation of delay
4) If delay>30 days, then AOR Satisfaction transaction is routed to Central Govt. Worklist for approval. Once it’s
approved by Central Govt., transaction is marked as Satisfy in CERSAI Registry. Once transaction is marked as
Satisfy, in Central Registry, system does not allow user to perform operations (Rectification) on the Satisfied
transaction.
5) All Rectification transaction go to Govt. Worklist for approval. Once transaction approved by the Govt. official,
changes made in the Rectification Transaction reflected in the CERSAI Registry
---------------------------END OF DOCUMENT----------------------------

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CERSAI 2.

TATA Consultancy Services Ltd.

Document Revision History

Version Date Revision / Changes Author Reviewer

Document Revision History............................................................................................................................... 1

CERSAI 2.0 ASSIGNMENT OF RECEIVABLES (AOR) TRANSACTIONS ............................................................................... 3

AOR Registration ............................................................................................................................................... 3

Save as Draft ................................................................................................................................................... 10

AOR Rectification ............................................................................................................................................ 14

Key Features of AOR Transactions .................................................................................................................. 22

CERSAI 2.0 ASSIGNMENT OF RECEIVABLES (AOR) TRANSACTIONS

After Successful Login Home page appear on the screen

AOR Registration Form open

User can submit transaction using two ways:

1) Submit without Deduplication

Click on Submit without Deduplication button.

A pop of consent will appear for confirming user action.

2.) Submit with Deduplication

Click on Submit with Deduplication button.

A pop of consent will appear for confirming user action.

Fill the Form and click Save as Draft button.

Draft transaction is available under My Worklist -> User Drafted Transaction

Transaction is visible in User Drafted Transaction screen

Enter AOR Id to be rectified and click on Proceed

AOR Rectification Form open.

Rectify the value present in the Form and click on Submit.

Rectification Transaction Id visible in Govt. Worklist.

Transaction is successfully approved by Central Government

After Govt. approval, transaction goes to User Worklist

Transaction approved by Central Govt. is displayed on the user screen.

User need to Approve the Transaction at his/her end too.

Rectification transaction successfully completed in CERSAI Registry.

Enter AOR Id to be satisfied and click on Proceed

AOR Satisfaction Form open

Fill Satisfaction form and click on Confirm Satisfaction

AOR Satisfaction Transaction successfully completed in CERSAI Registry.

Key Features of AOR Transactions

1) Delay Condonation is applicable for below AOR Transactions:

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