To establish a business in India, adherence to a set of fundamental requirements is imperative, ensuring legal compliance and operational integrity. Essentials include selecting directors and shareholders, issuing a prospectus when needed
Setting up a company or Limited Liability Partnership (“LLP”) in India is a significant endeavor that holds immense potential for entrepreneurs and business enthusiasts. India’s dynamic and rapidly evolving business landscape, combined with a burgeoning consumer market,
India has passed a comprehensive data protection law – the Digital Personal Data Protection Act, 2023 (the “Act”). The Act establishes the foundation for the updated data protection system. Additional guidelines will be provided by the Central Government over time to compliment this framework. The Act replaced Section 43A of the Information Technology Act, 2000 (“IT Act”) and the Information Technology (Reasonable Security Practices and Procedures and Sensitive Personal Data or Information) Rules, 2011 (“SPDI Rules”), which have been India’s data protection framework until now. The Act introduces robust provisions concerning notice and consent obligations, delineates the permissible legitimate uses for processing personal data without explicit consent, establishes an appellate tribunal for grievance redressal, and imposes enhanced responsibilities upon data fiduciaries when handling the data of children, among other changes
The Digital Personal Data Protection Act, 2023 (the “Act”) will apply to the processing of digital personal data within India where such data is collected online, or collected offline and is digitised. It will also apply to such processing outside India,
In an era marked by the proliferation of digital technologies and the unprecedented volume of personal data being generated and processed, safeguarding individuals’ privacy has become a paramount concern. Recognizing this, India introduced
After years of debates, delays and agreements, the Digital Personal Data Protection Act of India (“DPDP”) sped through its last steps last week, ending in its publishing in the Official Gazette on Friday, August 11, 2023. The Bill was approved
In the digital age, the protection of personal data has become a paramount concern. As we look ahead to the implementation of the Digital Personal Data Protection Act, 2023 (the “Act”) in India, organizations need to be well-prepared to adhere to the forthcoming….
Merger is a form of corporate restructuring and it is an amalgamation of two or more entities into a single entity or one or more entities being amalgamated into one of the existing entities or can be in the form where one new entity can be formed by merging
on the Indian Gaming Industry Online gaming has emerged as one of India’s fastest-growing industries, with the number of gamers expected to increase by 30 million from 2022 to 2023. As the number of users continues to rise, it has become crucial to introduce appropriate laws to regulate
The Indian online gaming industry is witnessing unprecedented growth, fueled by technological advancements, increased internet penetration, and a growing youth population. As this sector continues to flourish, it has caught the attention of foreign investors seeking