21st Century Flaw In A 19th Century Law
Prakriti Singh, a law student at Hidayatullah National Law University, Raipur.
The Indian Contract Act is the foundational law of governance of contracts in India. The law does lay out the essentials and various other provisions of a contract. However, there are certain shortcomings in this law. The twenty-first century has brought with it a revolution in technology. This revolution has permeated the contracts as well. E-contracts are becoming popular. However, the contract law in India has on several occasions, proved to be inefficient for providing a regulatory framework for e-contracts. This article is a study of the basics of e-contracts and the challenges faced by e-contracts in India. It also makes a study of various cases developed with respect to this subject.