Just like in the real world we need to have law and order in place similarly in the virtual world too there is the need for law and regulation and for this cyberspace is being governed by Cyberlaw. Anything and everything pertaining to the online world is being addressed under the Cyberlaw. On the same hand Cyberlaw is something that needs to be constantly evolving process since there are so many new technologies coming up and such many other things happening in the Cyberspace. Nobody can think of online transactions happening without a proper decorum being maintained even in the virtual world.
And that is why the parliament of India passed its Cyberlaw in the form of Information Technology Act (IT Act), 2000, that provides the legal infrastructure for e-Commerce. The main objective of this Act would be to provide legal sanctity to all the transactions carried out by electronic means.
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