Digital Signature And E-Signature - Concept

Digital Signature and E-Signature - Concept

Use of digital contracts have been on a rise due to several dynamic factors such as technological developments and globalization. These factors have acted as a catalyst to the growing trend of digitalization of commercial business models and transactions. This in turn has given a significant rise to digital contracts and electronic records. E-commerce businesses rely on digital contracts to conduct and conclude the transactions electronically. E-contracts in India and their validity are covered in our previous blog.

In such a scenario the validation of such contracts through digital and electronic signature is a must. To execute the digital agreements and give it the legal effect under Indian Contract laws, the parties to the transaction must express their consent via digital signature. The ambiguity surrounding the legal enforceability and recognition of these signatures must be cleared up and explained.