Tag: MeitY
January 15, 2025
Corporate Law | General Corporate Advisory
Corporate Law | General Corporate Advisory
LEGAL PERSPECTIVES ON AI GOVERNANCE IN INDIA: A SUMMAR...
Artificial Intelligence ("AI") holds transformative potential for India’s economy and society. However, this power also brings legal, ethical, and regulatory challenges that necessitate a comprehensive governance framework. The "Report on AI Governance Guidelines Development" ("Report") outlines India’s roadmap for addressing these challenges through a legally sound and inclusive approach. ......
September 11, 2024
Corporate Law | General Corporate Advisory
Corporate Law | General Corporate Advisory
The National Blockchain Framework
In a milestone initiative to advance the digital infrastructure in the country, and with a view to increase the transparency of digital-based government functions, the Ministry of Electronics and Information Technology ("MeitY") of the Government of India launched the Vishvasya-Blockchain Technology Stack. ......
March 21, 2024
Corporate Law | General Corporate Advisory
Corporate Law | General Corporate Advisory
AI in the Spotlight: Insight’s from MeitY’s...
The Ministry of Electronics and Information Technology ("MeitY"), on March 1, 2024, issued an advisory for all intermediaries under the Information Technology Act, 2000 ("IT Act") and Information Technology (Intermediary Guidelines and Digital Media Ethics Code) Rules, 2021 ("IT Rules"). ......
July 5, 2023
Corporate Law | General Corporate Advisory
Corporate Law | General Corporate Advisory
A Closer Look at the Apex Court’s Decision on Bon...
Recently, on June 15, 2023, the Supreme Court of India upheld the largely disproportionate allotment of shares in favour of one group of shareholders of a private limited company, thereby leading to a substantially increased shareholding percentage of such group over the other group of shareholders. ......
April 12, 2023
Corporate Law | General Corporate Advisory
Corporate Law | General Corporate Advisory
A WATERSHED MOMENT FOR ONLINE REAL MONEY GAMING INDUSTR...
In recent years, the online gaming industry has grown significantly, especially in the realm of real money gaming. While the growth of the industry has been impressive, it has also led to an increased need for regulation and guidelines. On January 2, 2023, the Ministry of Electronics and Information Technology. ......
March 22, 2023
Corporate Law | General Corporate Advisory
Corporate Law | General Corporate Advisory
Revamping India’s Digital Landscape: The Proposed...
The Ministry of Electronics and Information Technology ("MeitY") held a public consultation for the proposed Digital India Act ("DIA") on March 09, 2023 and a presentation was released on the broad framework of the DIA . The current regulatory framework that governs the information technology ecosystem consists of the Information Technology Act, 2000 ("IT Act") and the rules framed thereunder, including, the Information Technology. ......
June 8, 2022
Corporate Law | General Corporate Advisory
Corporate Law | General Corporate Advisory
The Draft National Data Governance Framework Policy
The Ministry of Electronics and Information Technology ("MEITY") has published the draft National Data Governance Framework Policy ("NDGFP") on May 26, 2022 which aims to transform and modernize government data collection and management processes. The purpose of the NDGFP outlined in the draft is to enable an artificial intelligence and data led research and start-up ecosystem in India by creating a large repository of datasets. ......
April 6, 2022
Corporate Law | General Corporate Advisory
Corporate Law | General Corporate Advisory
INDIA DATA ACCESSIBILITY AND USE POLICY
On February 21, 2022, the Ministry of Electronics and Information Technology (MeitY) published the draft India Data Accessibility and Use Policy on its website. The draft of the policy was made available for the purpose of inviting public feedback till mid-March, 2022. Since then, the policy has garnered considerable attention and critical acclaim. ......