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SHORT ANSWER: Social media companies in India must comply with the Information Technology (Intermediary Guidelines and Digital Media Ethics Code) Rules, 2021. DETAILS: - They must appoint a Chief Compliance Officer, a nodal contact person, and a resident grievance officer. - They are required to remove unlawful content within a specific timeframe. - They must provide a mechanism for users to report grievances. - They need to maintain records of complaints and actions taken. PUNISHMENT / IMPLICATIONS (if applicable): - Failure to comply can result in losing the intermediary status, leading to liability for user-generated content. SOURCE: - Information Technology (Intermediary Guidelines and Digital Media Ethics Code) Rules, 2021
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