Tuesday, January 27, 2009

IT Act 2000 in India provides legal infrastructure for e-Commerce

As already mentioned in the previous article, IT Act 2000 in India is there to provide rudimentary legal infrastructure in terms of transactions being done online. To provide legal infrastructure and finally legal sanctity to all the electronic records and other activities carried out by electronic means is why the Act came into existence. In the absence of any Cyberlaw e-Commerce can’t flourish. This act would help in facilitating the smooth flow of trade and Commerce to take place with legal sanctity being attached to all the activities carried online. It refers to a publication of rules and regulations in the electronic form. In layman’s language it could be interpreted that this IT Act 2000 is the backbone for e-Commerce growing. With such an Act in place even e-Governance could be benefited. Looking at all these facts one thing that can’t be ignored is that without legal infrastructure in place nothing can be proceeded with.

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