Dinkar Vidyarthi (Advocate) 30 August 2008
K.C.Suresh (Advocate) 31 August 2008
Dear Dinkar, The main objective of information tecnology Act.2000 is "To provide lagal recognition for transactions carried out by means of electronic data inter-change and other means of electronic communications, commonly reffered to as "electronic commerce", which involves the alternatives of paper-based methods communication and storage of information, to facilitate electronic filing of documents with Government aganecies and further to amend the Indian Penal Code, ndian Evidence Act, 1872, The Bankers Book Evidence Act, 1891 and the Reserve Bank of India, 1934 and for matters connected therewith or incidental thereto".
N.K.Assumi (Advocate) 31 August 2008
N.K.Assumi (Advocate) 31 August 2008
Well explained.
Shree. ( Advocate.) 31 August 2008
Dear Sir,
Traditional legal systems have had great difficulty in keeping pace with the rapid growth of the Internet and its impact throughout the world. Throughout human history, no regime of regulation or of dispute resolution has ever pretended to be the sole source to which parties turn to ease business intercourse. The economic world of cyberspace is no different. Technology reduces and frequently may eliminate the need for physical contact in the creation of legally significant relationships between parties or between an actor and the state acting as regulator. The legal system must then decide what relationship is necessary between the forum and either the conduct occurring outside the forum or the parties concerned.
The main objective of the Information Technology Act 2000 is to provide legal recognition for transactions carried out by means of electronic data interchange and other means of electronic communication, commonly referred to as E-commerce, which involve the use of alternatives to paper-based methods of communication and storage of information to facilitate electronic filing of documents with the government agencies. The Act has extra-territorial jurisdiction to cover any offence or contravention committed outside the country by any person.
The Act covers Electronic Governance, Secured Electronic Records and Digital Signature, Regulation of Certifying Authorities, Duties of Subscribers, Penalties and Adjudication, Cyber Regulations Appellate Tribunal, and definition of offences.The Act will go a long way in facilitating and regulating electronic commerce. It has provided a legal framework for smooth conduct of E-commerce, by tackling the following issues associated with E-commerce: requirement of a writing; requirement of a document; requirement of a signature; and requirement of legal recognition for electronic messages, records and documents to be admitted in evidence in a court of law.
However, the Act has not addressed the following grey areas: Protection for domain names; infringement of copyrights laws; jurisdiction aspect of electronic contracts (namely, jurisdiction of courts and tax authorities); taxation of goods and services traded through E-commerce; and stamp duty aspect of electronic contracts.
N.K.Assumi (Advocate) 01 September 2008
Dear Shree,
That was a good respond ans exhibit your hard work on the subject.