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PRESENTATION ON LAWS RELATING TO ONLINE TRANSACTION Presented by :- RAJESH MEENA B.COM(H),A 833 HARSH RAJ 243
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Rajesh Presentation

Apr 05, 2018

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Page 1: Rajesh Presentation

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PRESENTATION

ONLAWS RELATING TO ONLINE

TRANSACTION

Presented by :-RAJESH MEENA

B.COM(H),A

833HARSH RAJ

243

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AGENDA

INTRODUCTION

ETHICAL AND LEGAL ISSUES

IT ACT 2000

PROVISION CONTAINED IN IT ACT 2000 AUTHENTICATION E-RECORDS UNDER IT ACT

2000

DIGITAL SIGNATURE

CIVIL AND CRIMINAL OFFENCES UNDER IT ACT2000

BIBLIOGRAPHY

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INTRODUCTION  The value of E-commerce is increasing.

The validity of E-transaction is establishedunder IT act 2000.

Increase of online frauds and scams. Laws have been enforced to make it applicable

to E-commerce.

Modification of traditional laws in respect to thee-commerce.

Modification to the tradition laws.

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ETHICAL AND LEGAL ISSUES

CORE ISSUES

I. Privacy

II. Security

III. Intellectual property rights

IV. Free speech

V. Taxation

VI. Gambling

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OTHER LEGAL ISSUES 

I. Advertisement

II. Electronic payment

III. Legality of digital signatureIV. Foreign direct investment

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IT ACT 2000

Provides legal and regulatory framework for

promotion of E-commerce .

It was enacted on 7th June 2000.

Officially gazette on 17th October.

Applicable to whole of India.

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PROVISION CONTAINED IN IT ACT 2000

Extends to whole of India.

E-transaction will be legally valid.

Security procedure for electronic records

Appointment of certifying authorities and controllerof certifying authorities.

Act to apply for offences committed outside India.

Network service providers to be liable in certainareas.

Power of police officer to enter in public areaswithout warrant.

And many other provisions are there.

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IT ACT ENABLES:

☺ Legal recognition to electronic transaction.

☺ Electronic filing of documents.

☺ Electronic data interchange

☺Acceptance of contract expressed by electronic

means.

☺Prevent computer crime, forged electronic

records, international alteration of electronicrecords fraud.

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AUTHENTICATION OF E-RECORDS IN IT ACT 

2000

It comes under section 3(2) of IT act 2000.

It is effected by use of asymmetric crypto

system and hash function.

it helps to transform initial electronic records

into another form of electronic records.

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DIGITAL SIGNATURE 

It is a mathematical scheme for demonstrating

the authenticity of a digital message or

document.

It is based on the RSA public key encryptionsystem.

In this the author keeps his/her private key

secret and publishes corresponding public key. It identifies the owner of the public key asserted

by a digital certificate.

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CRIMINAL OFFENCE STIPULATED UNDER IT 

ACT 2000

Tampering of computer documents.

Electronic forgery.

Hacking with computer system.

Confiscation of networks ,computer etc.

Unauthorized access to protection system.

Breach of confidentiality and privacy.

Publishing false digital signature.

Contravention by companies.

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CIVIL OFFENCES STIPULATED BY IT ACT 2000

Copy or extract any data base.

Unauthorized access and downloading files.

Introduction of virus.Damage to computer system and computer

network.

Disruption of computer ,computer network.

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OTHER PROVISION THAT ARE NOT COVERED UNDER 

IT ACT 2000

Negotiable instrument

Trust

Power of attorneyWill

Any contract for sale

Conveyance of immovable property

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BIBLIOGRAPHY 

http://en.wikipedia.org/wiki/Digital_signature 

http://lexvidhi.com 

http://www.chaaban.info 

http://nicca.nic.in/pdf/itact2000.pdf 

http://www.nishithdesai.com 

www.lawisgreek.com 

Dr shushila madan refers book.

Dr U.S pandey reference book.

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