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Are Online Contracts Legal In India?
Online Contracts or Digital Agreements are contracts created and signed over the internet. Also known as e-contracts or electronic contracts, these contracts are a more convenient and faster way of creating and signing contracts for individuals, institutions, and corporate.
E-contracts are specifically any legal document that is created and signed through an electronic medium like email, website, computer, or digital contracting platforms like Feelium E-contract. Through electronic or digital means, the involved parties can enter an agreement from anywhere in the world without the need for multiple physical meetings.
Definition: E-Contracts and E-Signatures
Electronic Contracts are legal documents that are created and signed digitally in a paperless fashion. Electronic Signatures are the digital signature of an individual, party, or an authorized representative on an e-contract to show acceptance of the terms and conditions of the legal document.
E-contracts do not require any paper, ink, printer, or a dedicated resource for printing or creating copies of an agreement. This means, by switching to ...
... digital agreements, you eliminate the overhead costs of entering an agreement. E-sign aids the parties by saving them time and money by eliminating the need for a physical meeting to sign an agreement.
Are Online Contracts Legal in India?
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