Many e-commerce
players frequently ask about the legal
requirements of undertaking e-commerce in India. The main legal
issue pertaining to establishing en e-commerce platform in India is
to ascertain the legal
requirements to start an e-commerce website in India.
There is a misconception among the national and
international e-commerce players that establishing an e-commerce
business in India does not require any legal compliances. The truth
is that establishing of e-commerce business in India without
complying with legal requirements is a risky proposition.
The legal
formalities required for starting e-commerce business in India
are now well established. Perry4Law,
the exclusive techno legal ICT law firm of India and the premier
e-commerce
law firm of India, has already provided the legal
framework in this regard. Now all national and international
e-commerce players can know about e-commerce
laws and regulations of India.
National and international e-commerce players must
appreciate that diverse legal
issues of e-commerce in India apply to different types of
e-commerce. For example, electronic
trading of medical drugs in India needs more severe
e-commerce and legal compliances as compared to other e-commerce
ventures.
Similarly, digital
communication channels for drugs and healthcare products in India
are scrutinised more assertively than other e-commerce business
activities. In fact, regulatory
and legislative measures to check online pharmacies trading in banned
drugs in India are already in pipeline. Online
sale and purchase of prescribed drugs and medicines in India
is another category that requires due compliance with various
applicable laws of India.
Legal
issues of online shopping in India must be duly complied
with various e-commerce entrepreneurs. In fact, a probe
against Walmart has been ordered in India for market access lobbying.
Indian
e-commerce, FDI regulations and cyber due diligence are
closely related and cannot be ignored anymore.
It is in the own interest of e-commerce players to
arrange business
structuring of e-commerce in India in a techno legal
manner. Otherwise these e-commerce players may find themselves in
legal battles.
