Governance of Non-Personal Data – A Tricky Balancing Act
Introduction Eric Schmidt, one-time CEO of Google, quipped back in 2010 that “there were 5 exabytes of information (data) created between the dawn of civilization through 2003, but that much information is now created every 2 days”. The comparison gets even more ridiculous when you realize that the world is well on its way to […]
PDPB 2019: To-dos for companies collecting private data
Most organisations collecting private data of individuals are following the development of data protection legislation in India very keenly. It was anticipated that the Personal Data Protection Bill, 2018 (“PDPB 2018”) would be enacted into law in early 2019. However, PDPB 2018 underwent certain changes and was tabled before the parliament as the Personal Data […]
MCA issues clarification on “Appointed Date” for Mergers
CIRCULAR The Ministry of Corporate Affairs (“MCA”) has, vide circular dated August 21, 2019 (“Circular”), issued a clarification on (i) whether it is mandatory to indicate a specific calendar date as “appointed date” in the schemes of mergers and amalgamations undertaken pursuant to Section 232(6) of the Companies Act, 2013 (“Act”); and (ii) whether such […]