E-Commerce
Laws and Regulations in India and FDI Regulations are two
of the most common Regulations governing E-Commerce in India, says
Praveen Dalal, managing partner of ICT law firm Perry4Law.
While Indian E-Commerce players are well aware of FDI Regulations yet
E-Commerce Laws of India are still not followed by and large, opines
Dalal.
For a legal e-commerce business in India, the
e-commerce
businesses structuring in India must be done with due
regard to applicable laws of India. The legal
research report by Perry4Law for business structuring of e-commerce
in India has given a special emphasis to techno legal
compliances for that e-commerce players of India must follow.
For instance, Cyber
Law Due Diligence in India and Cyber
Due Diligence for Indian Companies are equally applicable
to E-Commerce Players of India, suggests Dalal. There is a general
Apathy among E-Commerce Players of India towards complying with these
Statutory Requirements, opines Dalal.
See Cjnews India for more.