The Bombay High Court’s recent interim order suspending certain key provisions of the Information Technology (Intermediary Guidelines and Digital Media Ethics Code) Rules, 2021 (“IT Rules”) is the latest of several setbacks suffered by the Government of India over the framework introduced earlier this year to regulate social media companies, video streaming services, and other digital platforms.
Since their notification in February 2021, the IT Rules have triggered the resignation of the country’s IT Minister, a war between the social media giant Twitter and Government officials, and no less than four separate writ petitions in as many High Courts across India.
Please click here to read the full article by Probir Roy Chowdhury and Yajas Setlur published in ETCIO.com
Probir specializes in Corporate Commercial, Venture/Private Equity and Information Technology/FinTech. He has been involved in corporate transactions focused on the high technology industry including cross border Mergers & Acquisitions.