Unnathi Gupta (Exectuive) 31 December 2010
Hey Friends
Wish you very Happy and Enlightened New Year.
My query for new year is
Corporates like Infosys, WIPRO, TCS Etc or BPO, what liabilibilities they carry with regard to Information Technology Amendement Act 2008. and those rules applicable to them.
and What is the period or time line for the retention of documents by these companies under IT rules
Kindly Answer As early as Possible
Thanks
kartikeya (lawyer/cyber law consultant/cyber crime investigator) 31 December 2010
there is no Central Act which laid down the provisions related to Data Retention Laws. But there are different policies incorporated by various agencies and which maintain and follows their policies. Example: Government of India Central Vigilance Commission by their wide notification no. No.17/09/2006-Admn. Gives the provisions related to Retention period/destruction schedule of recorded files, available at https://cvc.nic.in/retention.pdf; similarly the Ministry of Finance- Financial intelligence Unit has its own policy. Notification No. 9/2005 - gives the “rules for Record Keeping and Reporting”.
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