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Legal Issues in E Commerce

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Legal Issues in E Commerce
LEGAL ISSUES IN eCOMMERCE

Nishith Desai Associates

93-B MITTAL COURT, NARIMAN POINT MUMBAI 400 021. INDIA

TEL: 91 (22) 282-0609 FAX: 91 (22) 287-5792

220 CALIFORNIA AVENUE., SUITE 201 PALO ALTO, CA 94306, USA

TEL: 1 (650) 325-7100 FAX: 1 (650) 325-7300

nda@nishithdesai.com www.nishithdesai.com

This paper is a copyright of Nishith Desai Associates. No reader should act on the basis of any statement contained herein without seeking professional advice. The authors and the firm expressly disclaim all and any liability to any person who has read this paper, or otherwise, in respect of anything, and of consequences of anything done, or omitted to be done by any such person in reliance upon the contents of this paper.

Nishith Desai Associates ©

1

LEGAL ISSUES IN E-COMMERCE

Aashit Shah and Parveen Nagree Nishith Desai Associates

Nishith Desai Associates (“NDA”) is a research based international law firm based in Mumbai and Palo Alto, Silicon Valley, specializing in information technology, e-commerce, telecommunications, media and entertainment laws, international financial and tax laws and corporate and securities laws. It has acted as strategic and legal counsel to premier corporates in their Internet forays, including IL&FS, GE Capital, Jasubhai Group, software majors such as i2 Technologies and Mahindra British Telecom and communication companies such as Space Systems/Loral, New Skies Satellite, Flag and WorldTel. Apart from structuring and acting for a large number of private equity funds in India, NDA has been involved in American Depositary Receipt (ADR) offerings of Indian companies, representing Wipro, Rediff.com and Silverline Technologies and acting as underwriter's counsel in Infosys Technologies and Satyam's ADR offerings. NDA was involved in the first cross-border stock swap merger from India - BFL's acquisition of MphasiS besides Silverline's acquisition of Seranova Inc in an ADR stock swap deal. It had prepared a white
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