In short, the SC has struck the Sec. 66 a as unconstitutional, but has
upheld the Sec. 69A.

***Here is arguably the operative part of the judgement***:
119. In conclusion, we may summarise what has been held by
us above:
(a)Section 66A of the Information Technology Act, 2000 is
struck down in its entirety being violative of Article 19(1)(a)
and not saved under Article 19(2).
(b)Section 69A and the Information Technology (Procedure &
Safeguards for Blocking for Access of Information by Public)
Rules 2009 are constitutionally valid.
(c)Section 79 is valid subject to Section 79(3)(b) being read
down to mean that an intermediary upon receiving actual
knowledge from a court order or on being notified by the
appropriate government or its agency that unlawful acts
relatable to Article 19(2) are going to be committed then fails
to expeditiously remove or disable access to such material.
Similarly, the Information Technology "Intermediary
Guidelines" Rules, 2011 are valid subject to Rule 3 sub-rule
(4) being read down in the same manner as indicated in the
judgment.
(d)Section 118(d) of the Kerala Police Act is struck down being
violative of Article 19(1)(a) and not saved by Article 19(2).
All the writ petitions are disposed in the above terms.

*Critical portions of explications pertaining to judgement on Sec. 66A*:
98. We have already held that Section 66A creates an offence
which is vague and overbroad, and, therefore, unconstitutional
under Article 19(1)(a) and not saved by Article 19(2). We have
also held that the wider range of circulation over the internet
cannot restrict the content of the right under Article 19(1)(a) nor
can it justify its denial. However, when we come to
discrimination under Article 14, we are unable to agree with
counsel for the petitioners that there is no intelligible differentia
between the medium of print, broadcast and real live speech as
opposed to speech on the internet. The intelligible differentia is
clear - the internet gives any individual a platform which
requires very little or no payment through which to air his views.
The learned Additional Solicitor General has correctly said that
something posted on a site or website travels like lightning and
can reach millions of persons all over the world. If the
petitioners were right, this Article 14 argument would apply
equally to all other offences created by the Information
Technology Act which are not the subject matter of challenge in
these petitions. We make it clear that there is an intelligible
differentia between speech on the internet and other mediums
of communication for which separate offences can certainly be
created by legislation. We find, therefore, that the challenge on
the ground of Article 14 must fail.

*Critical portions of explications pertaining to judgement on Sec. 69A*:
109. It will be noticed that Section 69A unlike Section 66A is a
narrowly drawn provision with several safeguards. First and
foremost, blocking can only be resorted to where the Central
Government is satisfied that it is necessary so to do. Secondly,
such necessity is relatable only to some of the subjects set out
in Article 19(2). Thirdly, reasons have to be recorded in writing
in such blocking order so that they may be assailed in a writ
petition under Article 226 of the Constitution.
110. The Rules further provide for a hearing before the
Committee set up - which Committee then looks into whether or
not it is necessary to block such information. It is only when the
Committee finds that there is such a necessity that a blocking
order is made. It is also clear from an examination of Rule 8 that
it is not merely the intermediary who may be heard. If the
"person" i.e. the originator is identified he is also to be heard
before a blocking order is passed. Above all, it is only after these
procedural safeguards are met that blocking orders are made
and in case there is a certified copy of a court order, only then
can such blocking order also be made. It is only an intermediary
who finally fails to comply with the directions issued who is
punishable under sub-section (3) of Section 69A.
111. Merely because certain additional safeguards such as
those found in Section 95 and 96 CrPC are not available does
not make the Rules constitutionally infirm. We are of the view
that the Rules are not constitutionally infirm in any manner.

*Content of the Sec. 66A*:
"66-A. Punishment for sending offensive
messages through communication service, etc.
--Any person who sends, by means of a computer
resource or a communication device,--
(a) any information that is grossly
offensive or has menacing character; or
(b) any information which he knows to
be false, but for the purpose of causing
annoyance, inconvenience, danger,
obstruction, insult, injury, criminal
intimidation, enmity, hatred or ill will,
persistently by making use of such
computer resource or a communication
device; or
(c) any electronic mail or electronic mail
message for the purpose of causing
annoyance or inconvenience or to
deceive or to mislead the addressee or
recipient about the origin of such
messages,
shall be punishable with imprisonment for a term
which may extend to three years and with fine.
Explanation.-- For the purposes of this section,
terms "electronic mail" and "electronic mail
message" means a message or information created
or transmitted or received on a computer, computer
system, computer resource or communication
device including attachments in text, image, audio,
video and any other electronic record, which may be
transmitted with the message."

*Content of the Sec. 69A*:
"69-A. Power to issue directions for blocking for
public access of any information through any
computer resource.--(1) Where the Central
Government or any of its officers specially
authorised by it in this behalf is satisfied that it is
necessary or expedient so to do, in the interest of
sovereignty and integrity of India, defence of India,
security of the State, friendly relations with foreign
States or public order or for preventing incitement to
the commission of any cognizable offence relating
to above, it may subject to the provisions of subsection
(2), for reasons to be recorded in writing, by
order, direct any agency of the Government or
intermediary to block for access by the public or
cause to be blocked for access by the public any
information generated, transmitted, received, stored
or hosted in any computer resource.
(2) The procedure and safeguards subject to which
such blocking for access by the public may be
carried out, shall be such as may be prescribed.
(3) The intermediary who fails to comply with the
direction issued under sub-section (1) shall be punished with an
imprisonment for a term which
may extend to seven years and shall also be liable
to fine."

-- 
Peace Is Doable

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