The Indian government has issued an ultimatum to Twitter Inc (NYSE:TWTR) to comply with the country's Information Technology Rules after the social media platform's repeated failures to act on the content take-down notices sent under the IT Act.

In a notice sent to Twitter on Monday, the ministry pointed out that Twitter failed to comply with notices sent on June 6 and June 9.

"if Twitter Inc. continues to be in violation of these directions and therefore the IT Act, significant consequences under the IT Act shall prevail," MeitY said in the notice addressed to Twitter's chief compliance officer.

Benzinga's email to the Twitter India comms team, seeking comment, went unanswered until press time.

If this comes to pass, Twitter won't be considered a platform hosting information from a third party but will be held editorially responsible for all tweets disseminated through its platform.

Price Action: According to data from Benzinga Pro, Twitter shares closed a little over a percent lower at $38.79 on Tuesday.