COVID – 19 is a crisis forcibly changing India and pushing
it towards digitalisation. While online classrooms, webinars,
digital conferences, etc are becoming the norm, one wonders the
fate of commercial legal contracts. Going forward, whether
e-contracts will become the new mode of determination of rights,
liabilities and obligations? How prepared is our legal system for
such a challenge? This write up is an attempt to address these
questions.
E-contracts in India
India is no stranger to digital agreements or e-contracts. In
its endeavour to keep pace with the global momentum, Indian
legislation, in the recent past, have accepted digitisation of the
process of execution of contracts. Although e-contracts are
recognised in India, and there are laws governing them, the
prevalent approached towards the execution of contracts in India is
still the traditional way of 'ink – signatures'.
