Arise Ltd. is manufacturing several types of computer components and is having its branches throughout the globe. The company wants to centralise and consolidate the information flowing in from its branches in a uniform
CS Professional · Information Technology and Systems Audit · PYQS · December 2015
Arise Ltd. is manufacturing several types of computer components and is having its branches throughout the globe. The company wants to centralise and consolidate the information flowing in from its branches in a uniform manner across various levels of the organisation. Each factory and branch is using different software and varied platforms which do not communicate with each other. Also, there is no retention of electronic records in a common server. This results in large duplication of data. So, the company has decided to implement an ERP system to take care of all these issues. In light of the above, answer the following: What are the provisions in the Information Technology Act, 2000 for retention of electronic records?
Answer & Explanation:
Section 7 of the Information Technology Act, 2000 as amended provides for retention of records in electronic format. It provides that where any law provides that documents, records or information shall be retained for any specific period, then, that requirement shall be deemed to have been satisfied if such documents, records or information are retained in the electronic form, if - the information contained therein remains accessible so as to be usable for a subsequent reference; the electronic record is retained in the format in which it was originally generated, sent or received or in a format which can be demonstrated to represent accurately the information originally generated, sent or received; the details which will facilitate the identification of the origin, destination, date and time of dispatch or receipt of such electronic record are available in the electronic record: Provided that this clause does not apply to any information which is automatically generated solely for the purpose of enabling an electronic record to be dispatched or received. These provisions will not apply to any law that expressly provides for the retention of documents, records or information in the form of electronic records.
Topics: Information Technology Act, 2000
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