During the Coronavirus outbreak, we were contacted by a firm of accountants to discuss the plight of Insolvency Practitioners being unable to operate due to Solicitors not being available to witness documents.
Within days, alongside a client, we developed the V-Sign Service, and trained our Solicitors to use the platform to remotely witness documents.
Within a week of us launching the V-Sign service, Companies House confirmed that it would accept declarations of solvency sworn via video. Although the V-Sign system was initially developed for Insolvency Practitioners and the signing of “Declarations of Solvency”, the system is not restricted to this type of document. In fact, any statutory document can be signed remotely using V-Sign, with the exception of a deed.