information technology act

Electronic Signing & Execution of Documents & Its Limitations

Corporate Law - In order to combat with the global warming, 'go green' has become a global appeal of all nations and international organisations to the citizens across the countries. It is the responsibility of all citizens to safeguard the environment, while government initiatives are playing a huge role in helping find solutions to the problem...

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The validity of Usage of Electronic Signatures in India

Corporate Law - Signatures are used to authenticate a Document and by authenticate, I mean is to prove or serve to prove to be real or true or genuine. A document without the signatures of the creator or bearer of such document has no validity in the eyes of law as it cannot help determine the rights, liabilities, obligations, and duties that have been c...

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STRATEGIC USE OF TECHNOLOGIES – AI & ML for Professionals

Corporate Law - STARTEGIC USE OF TECHNOLOGIES – AI and ML for Professionals- By CS Haresh Jani and CA Vikram Pandya & ANALYSIS OF IMPACT OF TECHNOLOGY ON PROFESSIONALS By CS Amita Desai CS Haresh Jani initiated the session at IMC organized by Manoyog GRC Advisors Private Limited. He explained in brief the advantages and use of Technology. […...

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Clarification on Section 67 and 67A of Information Technology Act, 2000

Corporate Law - Clarification on Section 67 and 67A of Information Technology Act, 2000 (under Information Technology Act, 2000) Section 67 of Information Technology Act, 2000 (Publishing or transmitting obscene material in electronic form) Whoever, Publishes or transmits or causes to be published in the electronic form, Any material which is lascivious ...

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Offences and Penalties under Information Technology Act, 2000

Corporate Law - Purpose of Introduction Information Technology Act, 2000 was enacted on 17th May, 2000 to provide legal recognition for electronic transactions and facilitate E-Commerce. It was later amended by passing Information Technology (Amendment) Act, 2008. The following are the important objectives of Information Technology Act, 2000 : Grant lega...

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Ministry releases Draft Rules under Section 43A & Section 79 of Information Technology Act, 2000 for public comments

Corporate Law - Ministry of Communications and Information Technology, Government of India had put up during draft rules under section 43A and 79 of Information Technology Act, 2000. Section 43A provides for compensation for failure to protect senry sitive personal data by body corporates, who are expected to implement and maintain reasonable security p...

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SEBI ask bourses to preserve records till the trial or investigation proceedings concludes

Corporate Law - Market regulator Securities and Exchange Board of India asked bourses on Wednesday to preserve original records related to an investigation till the trial is over instead of the current practice of keeping the papers only for five years. The respective original is to be maintained till the trial or investigation proceedings have concluded...

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Information Technology (Amendment) Act, 2008 Comes Into Force

Corporate Law - With proliferation of information technology enabled services such as e-governance, e-commerce and e-transactions; data security, data privacy and implementation of security practices and procedures relating to these applications of electronic communications have assumed greater importance and they required harmonization with the provisio...

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IT department can now track down fraudulent electronic transactions

Corporate Law - Tax evasion in Mumbai may now become more difficult as taxpayers will have to deal with a cyber-savvy income-tax department. The IT department has recently adopted a technology to track down fraudulent electronic transactions even after they are deleted from computers. The department has a Cyber Forensic Lab in Mumbai that consists of adv...

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Information Technology (Intermediary Guidelines and Digital Media Ethics Code) Rules, 2021

Notification No. G.S.R. 139(E). - (25/02/2021) - (1) These rules may be called the Information Technology (Intermediary Guidelines and Digital Media Ethics Code) Rules, 2021. (2) They shall come into force on the date of their publication in the Official Gazette....

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Preservation of records – MRD/DoP/SE/Cir- 21 /2009 – SEBI

Circular No. MRD/DoP/SE/Cir- 21 /2009 - (09/12/2009) - Further, as per regulation 18 of SEBI (Stock Brokers & Sub-brokers) Regulations, 1992 (hereinafter referred to as Stock Broker Regulations), every stock broker shall preserve the specified books of account and other records for a minimum period of five years. In case such documents are maintained in...

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Amendment in E-Furnishing of Return of Income Scheme, 2007

Notification No. 70/2009 - Income Tax - (22/09/2009) - Notification No. 70/2009 - Income Tax In exercise of the powers conferred by sub-section (1B) of section 139 of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby makes the following amendment in the notification of the Government of India, in the Ministry of Finance (D...

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Recent Posts in "information technology act"

Information Technology (Intermediary Guidelines and Digital Media Ethics Code) Rules, 2021

Notification No. G.S.R. 139(E). 25/02/2021

(1) These rules may be called the Information Technology (Intermediary Guidelines and Digital Media Ethics Code) Rules, 2021. (2) They shall come into force on the date of their publication in the Official Gazette....

Read More

Electronic Signing & Execution of Documents & Its Limitations

In order to combat with the global warming, 'go green' has become a global appeal of all nations and international organisations to the citizens across the countries. It is the responsibility of all citizens to safeguard the environment, while government initiatives are playing a huge role in helping find solutions to the problem...

Read More
Posted Under: Corporate Law |

The validity of Usage of Electronic Signatures in India

Signatures are used to authenticate a Document and by authenticate, I mean is to prove or serve to prove to be real or true or genuine. A document without the signatures of the creator or bearer of such document has no validity in the eyes of law as it cannot help determine the rights, liabilities, obligations, and duties that have been c...

Read More
Posted Under: Corporate Law |

STRATEGIC USE OF TECHNOLOGIES – AI & ML for Professionals

STARTEGIC USE OF TECHNOLOGIES – AI and ML for Professionals- By CS Haresh Jani and CA Vikram Pandya & ANALYSIS OF IMPACT OF TECHNOLOGY ON PROFESSIONALS By CS Amita Desai CS Haresh Jani initiated the session at IMC organized by Manoyog GRC Advisors Private Limited. He explained in brief the advantages and use of Technology. […...

Read More
Posted Under: Corporate Law |

Clarification on Section 67 and 67A of Information Technology Act, 2000

Clarification on Section 67 and 67A of Information Technology Act, 2000 (under Information Technology Act, 2000) Section 67 of Information Technology Act, 2000 (Publishing or transmitting obscene material in electronic form) Whoever, Publishes or transmits or causes to be published in the electronic form, Any material which is lascivious ...

Read More
Posted Under: Corporate Law |

Offences and Penalties under Information Technology Act, 2000

Purpose of Introduction Information Technology Act, 2000 was enacted on 17th May, 2000 to provide legal recognition for electronic transactions and facilitate E-Commerce. It was later amended by passing Information Technology (Amendment) Act, 2008. The following are the important objectives of Information Technology Act, 2000 : Grant lega...

Read More
Posted Under: Corporate Law |

Compliance related to Grievance Officer appointment under IT Act, 2000

There have been swift improvements in the Information Technology sector which have revolutionised our work and personal lives. Technology has entered every sphere of life such as banks, offices, social networks, stock markets, shopping etc., resulting in sharing of one’s personal information with numerous machine one comes across daily....

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Posted Under: Corporate Law |

GDPR – The Dawn of An Era in Data Protection

With increase in technological innovations such as Internet of Things (IOT), Cloud services and mobility coupled with constant connectivity, the geographical boundaries are reducing and exposing personal data to higher risks....

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Posted Under: Corporate Law |

Ministry releases Draft Rules under Section 43A & Section 79 of Information Technology Act, 2000 for public comments

Ministry of Communications and Information Technology, Government of India had put up during draft rules under section 43A and 79 of Information Technology Act, 2000. Section 43A provides for compensation for failure to protect senry sitive personal data by body corporates, who are expected to implement and maintain reasonable security p...

Read More
Posted Under: Corporate Law |

SEBI ask bourses to preserve records till the trial or investigation proceedings concludes

Market regulator Securities and Exchange Board of India asked bourses on Wednesday to preserve original records related to an investigation till the trial is over instead of the current practice of keeping the papers only for five years. The respective original is to be maintained till the trial or investigation proceedings have concluded...

Read More
Posted Under: Corporate Law |

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