Friday, September 5, 2008

India to consider e-mail as valid evidence

Corporate Executives, those who rely on email for communication, can be more confident in using them. The government has drafted new company law. The law permits to recognize e-mail as a valid piece of evidence. However, the move would tighten the noose around the companies.
In India, there is no specific recognition of e-mails as evidence. Officials pointed out that companies facing prosecution have often exploited this lack of clarity. The officials also point out that the basic ground work towards the move is almost ready with the inception of the ministry's e-governance project. The new Company Law is expected to be placed in Parliament soon.
Till date, in India, companies facing prosecution have often exploited the lack of clarity on emails. The officials point out that the basic ground work towards the move is almost ready with the inception of the ministry's e-governance project. The project named MCA-21 has enabled computerization of documents and records filed by companies, reported the Economic Times.



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