Introduction The recent introduction of the India International Arbitration Centre (Conduct of Micro and Small Enterprises Arbitration) Regulations, 2024 (“Regulation”) marks a commendable stride by the India International Arbitration Centre (“IIAC”) towards fostering a business-friendly environment. Designed specifically for Micro and Small
These plans are popular among startups and mid-sized companies looking for alternative compensation strategies to attract and retain top talent without immediate cash outlays or equity dilution. Phantom Stock Plan (PSP) Employee Stock Option Plan (ESOP) Sweat Equity Shares
In the healthcare industry, trust and ethics are paramount. Patients rely on healthcare professionals to guide them through critical medical decisions, expecting that these recommendations are based solely on their health needs. Financial incentives like referral fees raises questions about
The emergence of Generative Artificial Intelligence has made it easier to alter or re-create an individual’s persona in the digital space with remarkable accuracy, and this raises questions on the ethical implications of the evolving technology. Indeed, the use of
This article was First Published on Bar and Bench on 16th April 2024. A brief analysis of the complex adaptive system framework proposed by the Economic Advisory Council to the Prime Minister of India for AI governance in India. While
This article was First Published on Bar and Bench on 2nd April 2024. With the rise of technology and interconnectivity across the globe, there is a proportionate rise in the likelihood of a personal data breach, which may severely impact
This article was First Published on Bar and Bench on 27th March 2024. The Reserve Bank of India (“RBI”) has recently issued an amendment to the Master Direction – Credit Card and Debit Card – Issuance and Conduct Directions, 2022
The Reserve Bank of India (“RBI”) vide its press release dated 15th January 2024, announced the release of the Draft Framework for Self-Regulatory Organisation (s) in the FinTech Sector (“Draft Framework”). The Draft Framework is open for public and stakeholder
As per the Digital Personal Data Protection Act, 2023 (DPDPA), Privacy Notice should accompany or precede a consent request to Data Principal. As mentioned in the DPDPA, the consent should be free, specific, informed, unconditional, and unambiguous with a clear
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