Entrepreneurs from diverse fields are exploring
electronic commerce (e-commerce) in India. This is a good sign but
e-commerce
laws and regulations in India must also be considered
while lunching an e-commerce portal.
This is so because legal
requirements to start an e-commerce website in India and
legal
formalities required for starting e-commerce business in India
are not easy to manage. Similarly, these e-commerce players are also
interested in online
brand and reputation protection in India.
As on date we have no dedicated e-commerce
laws in India. However, the information technology act,
2000 prescribes Internet
intermediaries liability in India. This includes
e-commerce portals and they can be held responsible for not following
the law of the land. For instance, cyber
law due diligence in India is one aspect that all
e-commerce site owners must frequently engage in.
There is no doubt that the e-commerce regulatory
requirements are techno legal in nature that very few can understand.
For instance, Perry4Law
is the exclusive techno legal IP and ICT
law firm of India and world wide. Among other areas,
techno legal services pertaining to e-commerce litigation,
consultancy, corporate
advisory, IPRs
protection, information
technology, contract drafting, etc are provided by
Perry4Law.
E-commerce players in India must consult some good
law firm like Perry4Law before they launch their ambitious projects
so that they may not face legal ramifications.