The structuring
of investments in Indian e-commerce sector is not an easy
task to manage. On the one hand the e-commerce players must comply
with the technical requirements whereas on the other hand they have
to follow the laws of the land. In short, e-commerce businesses in
India must ensure techno legal compliances in India.
E-commerce
laws and regulation of India are scattered under various
enactments. This is the reason that a majority of e-commerce players
in India do not know about the same. In fact, a common perception
among e-commerce players of India, both national and international,
is that laws of India are not required to be followed to do
e-commerce business in India.
FDI
in wholesale trading and e-commerce sectors of India under
consolidated FDI policy of India 2012 was given a major
boost by Indian government. Even the parliament of India recently
approved
FDI in e-commerce sector of India. This has given rise to an
increased activity in the e-commerce field.
However, while structuring of investments in
e-commerce business in India both national and global financer,
investors and private equity players must keep in mind the techno
legal requirements of India. In case of doubt they may seek the
techno
legal services of Perry4Law and similar law firms.
See Techno Legal News for more.
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