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Volume : IV, Issue : VIII, September - 2014

JUSTIFICATION OF E-CONTRACTS WITH SPECIAL REFERENCE TO AUTHENTICATION OF ITS DOCUMENTS UNDER INDIAN LAWS: A LEGAL CHALLENGE

Basavaling S.Nasi, -

By : Laxmi Book Publication

Abstract :

The world economy is in great change, with uncertainty being only constant across borders, industries and markets. The imperative for business and all over the globe and in India in particularly is to understand the nature of this change and leverage it effectively to achieve corporate goals of its driving the next wave of economy growth. To take advantage of that growth, we will have to not only apply new technology but also new thinking and information technology allows and encourages the conduct of many aspects of commercial activity by electronic means, at least in part. The forms of agreement and other contractual documents are likely to be created using computer and may be transmitted in electronic form anywhere in world. From the legal perspective, one of the most significant issues in electronic commerce is how to create enforceable digital contracts for the sale of goods and services or to ensure that a digital transaction will be at least enforceable and valid as traditional contracts. So the need of the hour is to know about the order technologies used to make contracts unlike traditional contracts and its authentication of documents and to prove before the court of law. The modern contracts are formed through intermediaries, the definition of intermediary is intended to cover both professional and non-professional intermediary (other than the originator and addressee) who may perform any of the functions of an intermediary.

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Article :


Cite This Article :

Basavaling S.Nasi, -(2014). JUSTIFICATION OF E-CONTRACTS WITH SPECIAL REFERENCE TO AUTHENTICATION OF ITS DOCUMENTS UNDER INDIAN LAWS: A LEGAL CHALLENGE. Indian Streams Research Journal, Vol. IV, Issue. VIII, http://isrj.org/UploadedData/5291.pdf

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