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Digital Personal Data Protection Bill, 2023: An incomplete development

In this post, the author critically examines India’s Digital Personal Data Protection Bill 2023, released for public consultation in August. Comparing it with the 2022 version, the article highlights strengths and weaknesses. It discusses processing personal data, data localization, the Alternative Dispute Resolution process, and the Data Protection Board’s powers. While aiming to balance individual data rights and processing needs, the bill lacks clarity on differentiating sensitive data, definitions for pseudonymization and anonymization, and precise data transfer criteria. Concerns about Data Protection Board power concentration and hefty fines for smaller businesses are raised. The author emphasizes refining definitions, enhancing data localization, ensuring board independence, and proportional fines for a robust digital economy and individual privacy protection.

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The Proposed AI Act of the EU: Counting the Crucial Lessons for India

In this article, the author has shed light on the legal and regulatory aspects of the imminent wave of AI from about to enter India while referring to the recent legislative and policy developments. It also compares the same with similar developments in foreign jurisdictions for a more informed perspective on the issue.

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FC-TRS Form: Does It Need To Be Filed Even On Transfer Of Only Registered Ownership?

In this post, the authors aim to answer the question as to whether a FC-TRS form needs to be filed where a Non Resident Indian (NRI) transfers ‘registered’ ownership of certain shares to a resident Indian, without transferring ‘beneficial’ ownership of those shares.

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Legal Tech, Change and Adoption: Integration of Legal Tech in the Practice of Law

In this post, the author aims to highlight the various ways in which technology is being integrated into the practice of law. In doing so, the authors also underlines the benefits of the same as also highlighting the challenges lying ahead.

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Fractional Shareholding

The implementation of Fractional Shareholding in India

Introduction A fractional share is any stock or other security that a shareholder holds in comparison to a full share. A fraction of a share of stock in a business is known as a fractional share. If the Company Law Committee’s proposal to permit fractional shareholding in India is adopted, an investor who wants to

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