GROWTH, DEVELOPMENT AND PROBLEM RELATED TO E-COMMERCE IN THE PRESENT WORLD
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https://doi.org/10.55662/Abstract
In the era of Information Technology, computers and the internet are becoming a vital part of everyone’s life. It has become a mode of communication to store and process data, it has made the lifestyle of people much easier. But the increasing technology has developed various new terminologies like Cyberworld, E-Commerce, Netizens, Cyberterrorism etc. Back in the 1990s, where business class people who were aware of ICTs, as it which was much easier, quicker and cheaper to store, communicate and transact the electronic information. But at that time they hesitated to interact electronically as no legal protection was provided to them which further provoked a potential threat to law enforcement. After the development of Cyber Law, Information Technology Law or Internet Law, this started to safeguard and gave an order and structure to cyberspace. For the first time in 1996, United Nations Commission on International Trade (UNCITRAL), adopted Model Law on E-Commerce (MLEC), subsequently it was adopted by the General Assembly of United Nations. The main objective of MLEC was to provide uniformity at international level which related to e-commerce and provide equal treatment for both electronic and paper-based information and transactions. India is signatory to this Model law which enacted Information Technology Act in the year 2000. Various other countries are signatories to this Model law which has also enacted new laws or amended their existing laws. To keep the pace with the ever growing technology UNCITRAL adopted Model law on e-signature. Further, India also amended the IT Act in the year 2008.
The authors critically analyze the said law in context with the activities of E-commerce and legal issues arising out of it (such as Jurisdiction, Domain Names, IPRs, Taxation and Privacy issues), which are untouched by the Model Law in cyberspace and are attracting the attention of international community. This paper attempts to make a study of International and Indian law relating to E-commerce and discusses the various legal issues regarding E-commerce.
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