INTRODUCTION The recent LinkedIn India case has brought Significant Beneficial Ownership (“SBO”) rules under the spotlight. The concept of SBO was introduced in India with the Companies Act 2013 (“the Act”), to promote corporate transparency and uncover ultimate beneficiaries with significant control over companies. Under the Act, there is a requirement for the identification of... Continue Reading →
This article has been authored by Nitin Jain, Partner, Agama Law Associates. Employee insolvency introduces a web of complications for workers, businesses, and associated legal professionals. The unfortunate reality of unpaid wages, lost severance, and disrupted benefits leaves employees in a precarious situation. This article navigates the complex landscape of employee rights during insolvency, offering... Continue Reading →
This article has been authored by Nitin Jain, Partner, Agama Law Associates. The role of an independent director is a prestigious one, but it carries significant responsibilities and attracts increasing scrutiny, especially in the financially difficult context of company insolvencies. Independent directors are expected to provide impartial guidance, safeguarding the interests of stakeholders. However, as... Continue Reading →
PART III This blog post is a continuation of Part I and Part II for India's new Data Protection Law: Simply Put. The first part refers to the concept and Data Fiduciaries. This second part deals with the rights, duties & exemptions of data principal, advisory on processing of children's data and cross border transfer.... Continue Reading →
PART II This blog post is a continuation of Part I for India's new Data Protection Law: Simply Put. The first part refers to the concept and Data Fiduciaries. This second part deals with the rights, duties & exemptions of data principal, advisory on processing of children's data and cross border transfer. Introduction Rights and... Continue Reading →
Introduction In a significant move, The Digital Personal Data Protection Bill, 2023 has been approved by both the Lok Sabha and the Rajya Sabha, receiving final assent from the President on 11th August 2023. Now officially the Digital Personal Data Protection Act (“the Act”), this development marks a pivotal moment for safeguarding online privacy of... Continue Reading →
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