Speaking on the withdrawal of the PDP Bill and the proposed new draft and framework for data protection in India, Sajai Singh – Partner, highlights that the key issues for the drafting team to consider. Sajai believes that the drafting of the PDP Bill needs to be made current with the ground realities of today – AI and ethics, ransomware becoming more sophisticated, crypto and NFTs adding a commercial dimension to Blockchain technology and the like.
“Various multinationals are interested in seeing how Indian law will address issues like cross-border data flow, data localisation requirements and restrictions placed on certain services like VPN (virtual private network),” Sajai added.
Sajai's broad-based practice focuses on Mergers, Acquisitions, Joint Ventures, strategic alliances, restructurings and financings (whether debt or equity), with particular emphasis on cross- border transactions.