13th BRICS Education Ministers' meeting concludes with Declaration (See 'Corp Brief') IEPFA organises Stakeholder Engagement with Nodal Officers of Companies on Portal 2.0 (See 'Corp Brief') SARFAESI - Any tenancy created after issuance of notice u/s 13(2) without prior written consent of secured creditor, is void ab initio: HC National Handloom Day celebrates Tribal Weaves of India (See 'Corp Brief') SECL leads India in Scientific Mine Closure, Transforming abandoned Mines (See 'Corp Brief') IBC - RBI prudential norms stopping banks from recognising interest income on NPA accounts do not wipe out borrower's obligation to accrue & recognise interest expense in its own financial statements: NCLAT (See 'Legal Desk') Sowa-Rigpa must emerge as Globally Recognised Evidence-Based Healthcare System: Jadhav (See 'Corp Brief') Insurance Division, DFS secures 3rd Rank in Group A Category of Grievance Redressal (See 'Corp Brief') IPR - Registration of defendant's trademark does not bar passing off action where plaintiff establishes prior goodwill, misrepresentation and likely damage: HC (See 'Legal Desk') IndiaAI Mission organised AIKosh Univ Engagement Programme at Chitkara Univ (See 'Corp Brief') A&C - In international commercial arbitration seated in India, ground of ‘patent illegality' u/s 34(2A) is expressly excluded: HC (See 'Legal Desk') Comprehensive measures taken to boost digital infrastructure & cyber security: Jitin Prasada (See 'Corp Brief') Misc - A minor admitted to benefits of partnership firm is not personally liable for debts or liabilities incurred by firm during age of minority - ergo, bank communication declaring minor as wilful defaulter is invalid: HC (See 'Legal Desk') IPC showcases India's Regulatory Excellence at WHO Meeting in Nepal (See 'Corp Brief') Companies Act - Solely because a private bank carries on banking operations as scheduled bank or is bound to follow regulatory guidelines issued by the RBI, it does not acquires character of a statutory body: HC (See 'Legal Desk') GI & Beyond 2.0 Summit showcases India's GI-tagged Handloom and Handicraft Products (See 'Corp Brief') IPR - Test for 'efficacy' u/s 3(d) of Patents Act is not limited to 'therapeutic efficacy' for all substances: HC (See 'Legal Desk') CCI approves combination of many entities into InterGlobe Hotels (See 'Corp Brief') IPR - U/s 9(1)(a) of Trade Marks Act, correct legal test is whether applied mark possesses 'distinctive character', means if it is capable of distinguishing applicant's goods from those of others - YES: HC (See 'Legal Desk') House Panel deliberates on strengthening Human-Wildlife Conflict Mitigation through Technology (See 'Corp Brief') IBC - Private bank's commercial decision on debt assignment or settlement, even if regulated by RBI norms, remains private banking transaction and does not satisfy function test for writ maintainability: HC (See 'Legal Desk') PM-PRANAM Promotes Balanced Use of Fertilizer, Organic Farming (See 'Corp Brief') IPR - In absence of evidence showing acquired distinctiveness or secondary meaning, descriptive mark could not validly remain on Register: HC (See 'Legal Desk') On International Clouded Leopard Day, India strengthens Conservation through Dedicated Action Plan (See 'Corp Brief') Limitation - Single Judge rightly declined to exercise writ jurisdiction in a matter which essentially involves contractual obligations & involves disputed issues of fact: HC (See 'Legal Desk') Tete-a-tete around AI in banking sector often begins with algorithms (See CORP EINSICHT)

Cabinet nod for MoU with Sierra Leone for sharing successful Digital Solutions

Published: Sep 13, 2023

By TIOLCorplaws News Service

NEW DELHI, SEP 13, 2023: THE Union Cabinet, approves the signing of Memorandum of Understanding (MoU) on 12th of June 2023 between the Ministry of Electronics and Information Technology of the Republic of India and the Ministry of Information and Communications of the Republic of Sierra Leone on Cooperation in the field of sharing successful Digital Solutions implemented at Population Scale for Digital Transformation.

The MoU intends to promote closer cooperation and exchange of experiences and digital technologies-based solutions (viz. INDIA STACK) in the implementation of digital transformational initiatives of both the country. MoU envisages improved collaboration leading to employment opportunities in the  field of IT.

The MoU shall come into effect from the date of signature of the Parties and shall be remain in force for a period of 3 years.

Both G2G and B2B bilateral Cooperation in the field of Digital Public Infrastructure (DPI) will be enhanced.  The activities contemplated in this MoU would be financed through their administration's regular operating allocations.

MeitY is collaborating with a number of countries and multilateral agencies for fostering bilateral and multilateral cooperation in the ICT domain. Over the period, MeitY has entered into MoUs/MoCs/Agreements with its counterpart organizations/ agencies from various countries to promote cooperation and exchange of information in the ICT domain. This is in consonance with the various initiatives taken by Government of India such as Digital India, Atmanirbhar Bharat, Make in India etc. to transform the country into a digitally empowered society and knowledge economy. In this changing paradigm, there is an imminent need for exploring business opportunities, sharing of best practices and attracting investments in the digital sector with the objective of enhancing mutual cooperation.

Over the last few years, India has demonstrated its leadership in implementation of Digital Public Infrastructure (DPI) and has successfully provided delivery of services to public even during COVID pandemic. As a result, many countries have evinced interest in learning from India's experiences and entering into MoUs with India for learning from India's experiences.

India Stack Solutions are DPls developed & implemented by India at population scale to provide access & delivery of public services It aims to provide meaningful connectivity, promote digital inclusion, and enable seamless access to public services. These are built on open technologies, are interoperable and are designed to harness industry and community participation which foster innovation. However, each country has unique needs and challenges in building DPI, although the basic functionality is similar, allowing for global cooperation.

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