https://www.taxtmi.com/article/detailed?id=7543 Registration of an information utility requires prescribed shareholding limits, majority independent board composition and bye laws covering core services, risk management, user rights and grievance redressal. Utilities must provide core services under prescribed technical standards, register users with unique identifiers, assign unique identifiers to submitted records, authenticate and verify defaults, store data in India, permit authorized access, furnish annual user statements, maintain risk management and preservation policies, appoint a compliance officer, undergo annual IT audit, and follow prescribed inspection, disciplinary, exit and surrender procedures. en-us Thu, 10 Aug 2017 06:28:41 +0530 Thu, 10 Aug 2017 06:28:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=7543 Registration of an information utility requires prescribed shareholding limits, majority independent board composition and bye laws covering core services, risk management, user rights and grievance redressal. Utilities must provide core services under prescribed technical standards, register users with unique identifiers, assign unique identifiers to submitted records, authenticate and verify defaults, store data in India, permit authorized access, furnish annual user statements, maintain risk management and preservation policies, appoint a compliance officer, undergo annual IT audit, and follow prescribed inspection, disciplinary, exit and surrender procedures. Articles Corporate Laws / IBC / SEBI Thu, 10 Aug 2017 06:28:41 +0530 https://www.taxtmi.com/article/detailed?id=7543