Polaris Chief Still in Jail

.

 

Despite the intervention of the Indian Foreign minister, the Polaris executives continued to be held captive by Indonesian Police. naavi.org is  happy however to note that Nasscom has  decided on some action plan to advise and assist  the industry in such issues in future details of which should be available shortly. However it has still not been able to ascertain and make public the total exposure of Indian software countries to rougue countries such as Indonesia so that the economic impact of the incident on the country can be assessed.

It is learnt that Infosys is one of the other Indian companies that has a significant exposure in Indonesia. The run of events in Polaris would make any executive of Infosys visit Indonesia even for normal business meetings and it is unthinkable how a software contract can be executed under such an environment of lack of trust.

The Government should therefore consider extreme steps such as declaration of diplomatic immunity for all Indian executives visiting Indonesia for business contracts and also declare that unless the contractual dealings with Indonesian clients are handled in a neutral territory, the existing contracts will be deemed to be cancelled under a Force Majeur clause with no liability to India.

 The Government should also refuse foreign exchange release for such disputes unless the Indian Government is a party to the dispute resolution mechanism.

Related article in ET
 

Send Your Views if any to Naavi



For Structured Online Courses in Cyber laws, Visit Cyber Law College.com

.

Back To Naavi.org