Data localization and retention obligations require merchant bankers to preserve records and store data within India under Board norms. Regulation 16 requires merchant bankers to preserve books of account, records and other documents maintained under Regulation 14 for a minimum period of eight financial years and to maintain all data and information within the territorial limits of India in accordance with data storage and localization norms specified by the Board.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Data localization and retention obligations require merchant bankers to preserve records and store data within India under Board norms.
Regulation 16 requires merchant bankers to preserve books of account, records and other documents maintained under Regulation 14 for a minimum period of eight financial years and to maintain all data and information within the territorial limits of India in accordance with data storage and localization norms specified by the Board.
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