E-Retailing Laws and Regulations in India

Abstract

Cross-border boundaries have changed the way business is being conducted. From time-consuming strenuous manual transactions, consumers have walked a long way to instant e-commerce transactions pushed across by ease and digitization of financial services. Thus rules and regulations are required for setting-up web sites, conducting of business, providing of financial services, digitizing of all commerce-related activities and services, protection of IPR, protecting against all risks and losses, all legal aspects including terms and conditions/conduct of trade/provision of after-sales service/security/entry and exit of start-ups/protection of consumer rights/crypto currency/virtual banks/legally acceptable unsigned documents/mobile commerce, and all other related aspects. These laws cannot be country specific but have to be framed with global outlook since transaction can happen from any place to any other place worldwide.