This report examines the critical intersection of social media platforms regulation and the rule of law in the context of three South Asian countries: India, Sri Lanka, and Bangladesh. It highlights how social media platforms impact national security and human rights, including free speech and privacy, and identifies challenges such as Internet shutdowns and content control. Through comprehensive analysis and comparative examination, the report offers insights into legislative frameworks, enforcement mechanisms, and the evolving landscapes of these countries. The report underscores the importance of promoting accountability, transparency, and inclusivity in regulating cyberspace and social media platforms.