Question
Consider the following statements relating to Section
43A of the IT Act, 2000: 1. It applies to body corporates handling sensitive personal data. 2. It imposes liability where there is negligence in implementing reasonable security practices. 3. It requires the person affected to prove criminal intent of the body corporate. Which of the above are correct?Solution
Section 43A applies to body corporates handling sensitive personal data or information. It imposes liability where negligence in implementing reasonable security practices causes wrongful loss or gain. This is a civil liability provision, and proof of criminal intent is not required. Therefore, statements 1 and 2 are correct, and option AÂ is correct.
According to the Motor Vehicles Act death of insured-
What are Eligible Companies under section 76 of the Companies Act, 2013?
What is the tenure for which an auditor can be appointed as per the Companies Act?
The maxim Nemo Dat Quod Non-Habet means_____________
Who shall preside over the meetings of the Board in the absence of the Chairman, under SEBI Act?
In case of the information as to non-cognizable cases, a police officer is bound to:
In situations where it is determined that a company's application under section 248 was made with the intention of evading liabilities, deceiving credit...
Which of the following statements are true related to the Chairperson under the PFRDA Act?
1.   When a person delivers to an agent of a creditor documents of title of an immovable property with intent to create a security, the transaction ...
Which is correct statement with respect to Liquidation Estate?
Relevant for Exams:
