ARTICLE · 23 SEPTEMBER 2015

Indian Digital Economy Needs Clear Laws

Advaya Legal

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E-commerce companies generally adopt a marketplace model offering a platform connecting buyers and sellers.

IndiaCorporate/Commercial Law

Pooja Thacker

There is no clarity in respect of most liability issues that could arise due to the dynamic nature of e-commerce.

An internet penetration of only 12%, yet India ranks third in the number of internet users, only to be surpassed by China and the US. E-commerce has seeped its way into our lives in an almost surreal manner—right from buying books, electronic gadgets, booking bus tickets and cabs, using a city-specific mobile application for local attractions, being connected online has become a way of life. Evolving consumer preferences and the convenience factor has ensured e-commerce business is here to stay. But does the existing legal framework in India accommodate the unique attributes of e-commerce businesses?

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