AI offers significant benefits in corporate governance, but it also introduces complex legal, ethical, and regulatory challenges. Corporations must carefully navigate these challenges by implementing robust governance frameworks, ensuring compliance with existing laws, and adopting best practices for AI oversight.
India's data localization landscape has significantly evolved over the past few years, with the government enforcing regulations that aim to secure personal data, maintain data sovereignty, and safeguard national security. However, these efforts have placed global businesses operating in India under increased compliance scrutiny, requiring them to adapt their data storage and processing methods. This... Continue Reading →
Introduction The concept of Social Stock exchange developed on the premise that the development of the social sector would have a positive impact on the economic development of India. This innovative segment of the existing stock exchange’s aims to unlock social capital by providing a regulated environment for both Non-Profit Organisations (NPOs) and For-Profit Social... Continue Reading →
Understanding the IT Outsourcing Master Direction The Reserve Bank of India’s (“RBI”) Master Direction on Outsourcing of Information Technology Services released on April 10, 2023 (“Master Direction”) sets out the regulatory framework for outsourcing of information technology services by RBI regulated banks and financial institutions. The guidelines prescribed by the Master Direction are structured on... Continue Reading →
Any entity which is undergoing corporate insolvency resolution process (CIRP) faces severe financial distress due to the lack/scarcity or absence of funds in its coffers. The Resolution Professional (RP) has the primary duty of managing the affairs of the company undergoing CIRP and has several primary duties as provided under the Insolvency and Bankruptcy Code... Continue Reading →
In a globalized economy, distribution agreements are the backbone of international trade, facilitating the seamless delivery of goods and services across borders. These agreements are pivotal across a spectrum of industries, each with unique challenges and priorities. In the ecommerce industry, agreements are crafted to protect brand exclusivity while ensuring timely market access. Pharmaceuticals demand... Continue Reading →
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