Volume- 8
Issue- 6
Year- 2021
DOI: 10.55524/ijirem.2021.8.6.197 | DOI URL: https://doi.org/10.55524/ijirem.2021.8.6.197
This is an Open Access article distributed under the terms of the Creative Commons Attribution License (CC BY 4.0) (http://creativecommons.org/licenses/by/4.0)
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Varun Kumar , Anuj Nanda, Nidhi Arora
Everyone now uses the digital elements on a daily basis. Contracts are an integral and inevitable part of business worldwide. The present era is also known as the digital era with an increase in the technology. In the current century, digital approaches change the contract landscape from a business and consumer perspective. The Indian legal framework comprises the different legal approaches related to contract law to ensure the commercial activity smoothly. COVID-19(coronavirus disease of 2019) pandemic bursts all kinds of business activity globally. Lockdown has restricted the individual and groups to perform or meet the contract promise. Traditional approaches to contracts are now consistently replacing by digital contracts. Digital even using for a long time. In India, one of the old laws named the India Contract Act 1872 is still smoothly applicable in India legal system and meet with legal contract compliance of the current scenario even in the COVID-19 pandemic. The purpose of this article is to analyse the different aspects Indian Contract Act in the current scenario of the COVID-19 pandemic and the impact of digital contract in India legal system. Some business groups and individuals are still hesitant to adopt the digital contract because of the cyber security and data privacy policy which directly affects the contract. As the need of the hour, India needs an updated legal system and laws related to digital contracts and necessary amendments for better contract or agreement management.
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Associate Professor, Department of Management Science, Tecnia Institute of Advanced Studies, Delhi, India (varun.management@gmail.com)
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