IT Contracts
IT Act
The Information Technology Act, 2000 ( IT Act) is the primary law in India dealing with cybercrime and electronic commerce, based on the UNCITRAL Model Law on International Commercial Arbitration.
If a crime involves a computer or network located in India, persons of other nationalities can also be indicted under the law.
The Act provides a legal framework for electronic governance by giving recognition to electronic records and digital signatures. It also defines cyber crimes and prescribes penalties for them. The Act directed the formation of a Controller of Certifying Authorities to regulate the issuance of digital signatures. It also established a Cyber Appellate Tribunal to resolve disputes rising from this new law. The Act also amended various sections of the Indian Penal Code, 1860, the Indian Evidence Act, 1872, the Banker s Book Evidence Act, 1891, and the Reserve Bank of India Act, 1934 to make them compliant with new technologies.
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