HR Sutra

In an insightful session as part of our 𝐌𝐚𝐬𝐭𝐞𝐫𝐜𝐥𝐚𝐬𝐬 𝐒𝐞𝐫𝐢𝐞𝐬 𝐨𝐧 𝐍𝐞𝐰 𝐂𝐫𝐢𝐦𝐢𝐧𝐚𝐥 𝐂𝐨𝐝𝐞𝐬 𝐚𝐧𝐝 𝐭𝐡𝐞𝐢𝐫 𝐢𝐦𝐩𝐥𝐢𝐜𝐚𝐭𝐢𝐨𝐧𝐬 𝐟𝐨𝐫 𝐛𝐮𝐬𝐢𝐧𝐞𝐬𝐬𝐞𝐬, 𝐝𝐢𝐫𝐞𝐜𝐭𝐨𝐫𝐬, 𝐚𝐧𝐝 𝐊𝐞𝐲 𝐌𝐚𝐧𝐚𝐠𝐞𝐫𝐢𝐚𝐥 𝐏𝐞𝐫𝐬𝐨𝐧𝐧𝐞𝐥 (𝐊𝐌𝐏𝐬), we explored the critical challenges and risks associated with 𝑵𝒂𝒗𝒊𝒈𝒂𝒕𝒊𝒏𝒈 𝑾𝒉𝒊𝒕𝒆-𝑪𝒐𝒍𝒍𝒂𝒓 𝑪𝒓𝒊𝒎𝒆𝒔 𝒂𝒏𝒅 𝒕𝒉𝒆 𝒊𝒏𝒇𝒍𝒖𝒆𝒏𝒄𝒆 𝒐𝒇 𝒕𝒉𝒆𝒔𝒆 𝒄𝒐𝒅𝒆𝒔 𝒐𝒏 𝒄𝒓𝒐𝒔𝒔-𝒃𝒐𝒓𝒅𝒆𝒓 𝒕𝒓𝒂𝒏𝒔𝒂𝒄𝒕𝒊𝒐𝒏𝒔 𝒂𝒏𝒅 𝒐𝒑𝒆𝒓𝒂𝒕𝒊𝒐𝒏𝒔. The session was led by Nishanth Kadur and Purushotham Kittane from Nishith Desai Associates, renowned experts in corporate and criminal law. Key topics covered in this deep dive included: o  Section 107 of BNSS and corporate asset seizure o  Legal protocols for serving external Directors o  Cross-border transaction compliance o  Anti-corruption measures and the UK Bribery Act & FCPA Implications o  Prevention of corruption and money laundering acts o  Cybercrime legislation and regulatory authority involvement o  Centralized legislation on organized Crime o  Implications of new Laws on cybercrime o  Enhanced reporting requirements and electronic evidence management The masterclass facilitated an in-depth understanding of these complex issues, equipping participants with actionable insights on compliance, regulatory obligations, and preventive measures crucial for corporate governance in the evolving legal landscape.

In today's rapidly evolving legal landscape, the interplay between commercial contracts and privacy laws has become critical. This training program is designed for legal, procurement, and business development (BD) teams to gain expertise in drafting, negotiating, and managing commercial contracts, ensuring compliance with both Indian and global privacy laws, including the Digital Personal Data Protection Act (India) and GDPR (Europe). As organizations handle increasing amounts of personal and sensitive data, understanding how privacy regulations impact commercial agreements is essential to mitigate risks and protect the organization. Register your interest here 👉 https://lnkd.in/gBfDeHzq

We have commenced a 2-𝒘𝒆𝒆𝒌𝒔 𝒎𝒂𝒔𝒕𝒆𝒓𝒄𝒍𝒂𝒔𝒔 𝒔𝒆𝒓𝒊𝒆𝒔  on the 𝑵𝒆𝒘 𝒄𝒓𝒊𝒎𝒊𝒏𝒂𝒍 𝒄𝒐𝒅𝒆𝒔 𝒂𝒏𝒅 𝒕𝒉𝒆𝒊𝒓 𝒊𝒎𝒑𝒂𝒄𝒕 𝒐𝒏 𝒃𝒖𝒔𝒊𝒏𝒆𝒔𝒔𝒆𝒔, 𝑫𝒊𝒓𝒆𝒄𝒕𝒐𝒓𝒔, 𝒂𝒏𝒅 𝑲𝑴𝑷𝒔. In the inaugural session, sanjay buch from Crawford Bayley & Co. Advocates & Solicitors provided an insightful overview of the 3 𝐧𝐞𝐰 𝐜𝐨𝐝𝐞𝐬 - 𝐁𝐡𝐚𝐫𝐚𝐭𝐢𝐲𝐚 𝐍𝐚𝐠𝐚𝐫𝐢𝐤 𝐒𝐮𝐫𝐚𝐤𝐬𝐡𝐚 𝐒𝐚𝐧𝐡𝐢𝐭𝐚 (𝐁𝐍𝐒𝐒), 𝐁𝐡𝐚𝐫𝐭𝐢𝐲𝐚 𝐍𝐲𝐚𝐲𝐚 𝐒𝐚𝐧𝐡𝐢𝐭𝐚, 𝐚𝐧𝐝 𝐓𝐡𝐞 𝐁𝐡𝐚𝐫𝐚𝐭𝐢𝐲𝐚 𝐒𝐚𝐤𝐬𝐡𝐲𝐚 𝐀𝐝𝐡𝐢𝐧𝐢𝐲𝐚𝐦 (𝐁𝐒𝐀). The session was attended by executives from Royal Enfield, Momentive Performance Materials (India) Private Ltd, Voltas Limited - A TATA Enterprise, R1 RCM, United States Pharma Copeia India Private Limited, Nuvama Wealth, Mahanagar Gas Limited, Bharat Gears Ltd, AMERICAN ONCOLOGY INSTITUTE - Precision Cancer Care, Bharat Aluminium Company Limited, Mahindra and Mahindra Limited [Automotive and Farm Equipment Business], ANAND Group India, Suzuki Motorcycle India Private Ltd., tanX.fi, Thermo Fisher Scientific India and Mondelēz International. Key highlights included the shift towards justice rather than punishment in the new codes, the introduction of a time-bound trial and hearing mechanism, and the inadequacies of the Indian Penal Code (IPC) in addressing modern offenses, especially in technology and sophisticated economic crimes. The discussion extended to proposed changes in the Criminal Procedure Code (CrPC) in India, with a focus on ensuring justice is swiftly delivered within a maximum period of three years. Furthermore, detailed insights were shared on the implications of new laws concerning electronic evidence, stressing the importance for companies to implement robust cybersecurity policies and training employees for handling electronic records. #Masterclass #NewCriminalCodes #BhartiyaNyayaSanhita #BharatiyaNagarikSurakshaSanhita #BharatiyaSakshyaAdhiniyam #BusinessImpact #LegalUpdates

We would like to express our gratitude to Jyoti Grover, Partner Counsel Quest, for leading an insightful session on 𝐂𝐨𝐦𝐩𝐥𝐞𝐱 𝐠𝐫𝐞𝐲 𝐚𝐫𝐞𝐚𝐬 𝐢𝐧 𝐏𝐎𝐒𝐇 𝐥𝐚𝐰 𝐚𝐧𝐝 𝐈𝐧𝐪𝐮𝐢𝐫𝐢𝐞𝐬 as a part of our 𝑬𝒎𝒑𝒍𝒐𝒚𝒎𝒆𝒏𝒕 𝑳𝒂𝒘 𝑴𝒂𝒔𝒕𝒆𝒓-𝒔𝒆𝒓𝒊𝒆𝒔. The session delved into practicalities and grey areas surrounding complainants, respondents, third-party applicability, and a thorough review of the recent Ola judgement. Key points covered during the session included the application of the law to transgender individuals, with a focus on the landmark case, Anamika vs Union of India. Additionally, there was an in-depth discussion on the gig economy and challenges faced under the POSH Act. Data management challenges, including the importance of encryption, access control, and compliance with data privacy regulations, were emphasized. The team also explored the complexities of managing multiple establishments across states, highlighting legal requirements and Internal Committees (ICs). The session also addressed strategies for handling senior-level investigations, including approaches to managing executives who question investigators' credibility and potentially delay the investigative process. Furthermore, complex layers on topics such as consent and addressing malicious complaints and investigations were thoroughly examined. #EmploymentLaw #POSHLaw #DataPrivacy #WorkplaceInvestigations

We were privileged to host Sarthak Prashar from Grant Thornton Bharat LLP last week for a profound session on𝐋𝐚𝐛𝐨𝐮𝐫 𝐜𝐨𝐝𝐞𝐬 𝐢𝐦𝐩𝐥𝐞𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧 𝐚𝐧𝐝 𝐒𝐚𝐥𝐚𝐫𝐲 𝐢𝐦𝐩𝐚𝐜𝐭𝐬 in our 𝑬𝒎𝒑𝒍𝒐𝒚𝒎𝒆𝒏𝒕 𝑳𝒂𝒘 𝑴𝒂𝒔𝒕𝒆𝒓-𝒔𝒆𝒓𝒊𝒆𝒔. The discussions delved into the implications of the new wage code on salary structures, benefits, and potential impact on net pay due to changes in gratuity and allowances, showcasing various financial scenarios. Attendees also gained insights into the Employee Provident Fund (EPF) contributions and their tax implications, including the intricate formula used by the income tax department to calculate taxable contributions. The session also highlighted the government's ambiguity regarding EPF contributions.

📢 𝐀𝐧𝐧𝐨𝐮𝐧𝐜𝐞𝐦𝐞𝐧𝐭 𝐟𝐨𝐫 𝐋𝐞𝐠𝐚𝐥 𝐏𝐫𝐨𝐟𝐞𝐬𝐬𝐢𝐨𝐧𝐚𝐥𝐬 𝐚𝐧𝐝 𝐊𝐌𝐏𝐬 𝐟𝐨𝐫 𝐨𝐮𝐫 𝐥𝐚𝐭𝐞𝐬𝐭 𝐦𝐚𝐬𝐭𝐞𝐫𝐜𝐥𝐚𝐬𝐬 𝐨𝐧 𝐓𝐡𝐞 𝐍𝐞𝐰 𝐂𝐫𝐢𝐦𝐢𝐧𝐚𝐥 𝐂𝐨𝐝𝐞𝐬! 🚨 With the recent changes in India's criminal codes, it's critical for Legal Professionals and Key Managerial Personnel (KMPs) to stay informed and prepared. These reforms affect corporate criminal liability, white-collar crimes, economic offences, and how evidence is handled in legal proceedings, making it crucial to sharpen your expertise. This training is essential to protect your organization, sharpen your litigation strategies, and stay compliant in the face of evolving legal challenges. Don’t miss the chance to elevate your legal expertise! 💼

🌟 Why HR Professionals Must Prioritize Data Privacy Training and the DPDPA!🌟 In today’s digital age, HR teams handle a treasure trove of sensitive employee data, making data privacy not just a legal requirement but a critical responsibility. 🛡️💼 With the Digital Personal Data Protection Act (DPDPA) introducing stringent regulations on data collection, processing, and storage, compliance isn’t optional—it's essential! 📊 Why HR Training on DPDPA is a Game-Changer: ✅ Safeguard sensitive employee information from breaches ✅ Ensure your organization is fully compliant with the latest regulations ✅ Mitigate legal risks and hefty penalties ✅ Build trust and transparency with your workforce Empower your HR team with the knowledge to protect what matters most—your people and your organization! 💪 #HRTraining #DataPrivacy #DPDPA #HRCompliance #DataProtection #FutureOfWork 4o

In our 𝐅𝐢𝐧𝐭𝐞𝐜𝐡 𝐚𝐧𝐝 𝐅𝐢𝐧𝐚𝐧𝐜𝐢𝐚𝐥 𝐒𝐞𝐫𝐯𝐢𝐜𝐞𝐬 𝐑𝐞𝐠𝐮𝐥𝐚𝐭𝐨𝐫𝐲 𝐌𝐚𝐬𝐭𝐞𝐫-𝐬𝐞𝐫𝐢𝐞𝐬, we had the privilege of hosting Rohan Bagai from AZB & Partners for a workshop on the 𝑫𝒊𝒈𝒊𝒕𝒂𝒍 𝑷𝒆𝒓𝒔𝒐𝒏𝒂𝒍 𝑫𝒂𝒕𝒂 𝑷𝒓𝒐𝒕𝒆𝒄𝒕𝒊𝒐𝒏 𝑨𝒄𝒕 (𝑫𝑷𝑫𝑷𝑨) 𝒂𝒏𝒅 𝒊𝒕𝒔 𝒊𝒎𝒑𝒍𝒊𝒄𝒂𝒕𝒊𝒐𝒏𝒔 𝒐𝒏 𝒕𝒉𝒆 𝒔𝒆𝒄𝒕𝒐𝒓. The session delved into the essentials of the DPDP law, focusing on its application to the banking and Fintech sector and discussing information security requirements and sectoral standards in depth. Key highlights included discussions on the ambiguity around publishing personal data on public platforms and the crucial importance of understanding one's role under data protection law, especially concerning the handling and processing of personal data. Examples from NBFCs were used to showcase the roles of data fiduciaries and processors, emphasizing the significance of contractual clauses in agreements to ensure data privacy and security between lenders and LSPs. Furthermore, the workshop shed light on the necessity of robust information security systems in the financial services sector, emphasizing the RBI's role in setting guidelines and the importance of due diligence when outsourcing services. Attendees were educated on the critical need for solid contracts with third-party vendors, audit mechanisms, and ample resources to guarantee compliance with regulatory requirements. The session wrapped up with insightful Q&A session moderated by our founder Biplab SenGupta with focus on whys and hows of maintaining entity-level segregation between regulated and unregulated businesses, obtaining customer consent for data use, and the importance of clear data segregation and defined purposes. The workshop provided valuable insights into the evolving landscape of data protection in the financial services industry.

In our recent 𝐅𝐢𝐧𝐭𝐞𝐜𝐡 𝐚𝐧𝐝 𝐅𝐢𝐧𝐚𝐧𝐜𝐢𝐚𝐥 𝐒𝐞𝐫𝐯𝐢𝐜𝐞𝐬 𝐌𝐚𝐬𝐭𝐞𝐫-𝐬𝐞𝐫𝐢𝐞𝐬 𝐰𝐨𝐫𝐤𝐬𝐡𝐨𝐩, we delved into the𝐢𝐧𝐭𝐫𝐢𝐜𝐚𝐜𝐢𝐞𝐬 𝐨𝐟 𝐌&𝐀 𝐰𝐢𝐭𝐡𝐢𝐧 𝐭𝐡𝐞 𝐬𝐞𝐜𝐭𝐨𝐫. Supratim Chakraborty and Vivek Bangalore Niranjan, both M&A partners at Khaitan & Co were the subject matter experts for the workshop and shared their invaluable insights and deal making experiences. Supratim focused on crucial acquisition elements such as non-disclosure agreements, term sheets, due diligence, transition planning, and definitive agreements. He stressed the significance of meticulous review before signing term sheets, understanding transaction structures, and commercial terms. Vivek shed light on the pivotal role of due diligence in acquisitions, emphasizing its impact on comprehending target company processes, compliance, and customer agreements. He underlined the need for transparent communication and customized documentation to mitigate risks effectively. Vivek also elaborated on the types of due diligence—legal, business, financial, tax, integrity, and operational—and differentiated between share-based, asset-based, and business-based acquisitions, highlighting the varying due diligence approaches based on the acquisition type. #Fintech #FinancialServices #MergersAndAcquisitions #DueDiligence #WorkshopHighlights

It was a pleasure hosting Swati Sharma, Partner and Head of Intellectual Property Practice at Cyril Amarchand Mangaldas for a session on the 𝐋𝐞𝐠𝐚𝐥 𝐢𝐦𝐩𝐥𝐢𝐜𝐚𝐭𝐢𝐨𝐧𝐬 𝐨𝐟 𝐀𝐫𝐭𝐢𝐟𝐢𝐜𝐢𝐚𝐥 𝐈𝐧𝐭𝐞𝐥𝐥𝐢𝐠𝐞𝐧𝐜𝐞 (𝐀𝐈) 𝐨𝐧 𝐈𝐧𝐭𝐞𝐥𝐥𝐞𝐜𝐭𝐮𝐚𝐥 𝐏𝐫𝐨𝐩𝐞𝐫𝐭𝐲 𝐑𝐢𝐠𝐡𝐭𝐬 (𝐈𝐏𝐑) 𝐚𝐧𝐝 𝐭𝐡𝐞 𝐜𝐡𝐚𝐥𝐥𝐞𝐧𝐠𝐞𝐬 𝐨𝐟 𝐦𝐚𝐧𝐚𝐠𝐢𝐧𝐠 𝐈𝐏 𝐢𝐧 𝐚𝐧 𝐀𝐈 𝐞𝐧𝐯𝐢𝐫𝐨𝐧𝐦𝐞𝐧𝐭 in our 𝐈𝐏, 𝐃𝐚𝐭𝐚 𝐚𝐧𝐝 𝐓𝐞𝐜𝐡 𝐌𝐚𝐬𝐭𝐞𝐫-𝐬𝐞𝐫𝐢𝐞𝐬. Swati led a discussion on the relationship between AI and IP laws, case laws, case studies, and the challenges and solutions in the AI environment, highlighting the increasing use of AI in various business processes. The team also discussed the patentability of AI-related inventions, the ownership rights of AI-generated content, and the challenges faced by generative AI in obtaining copyright protection. The session delved into the areas of potential for AI to violate privacy laws, citing the ongoing debate in the US about web scraping and data privacy. The challenges of maintaining confidentiality of data fed into AI systems, which could be a concern under trade secrets legislation were also discussed at length. #AI #generativeai #ipr #iprisks #copyrightprotection #privacyrisks #ownershiprights #legaltraining #executiveeducation #hrsutra #corpkonnect #cyrilamarchandmangaldas