The
invention of computers and introduction of digital technology
have significantly changed our trade and commerce. Instead
of traditional commerce where documentation is paper based
and commodities are carried manually, in electronic commerce
important parts of international business deal such as,
offer, acceptance, signing of contract and payment instructions
are made, done and communicated through electronic media.
Electronic commerce is easier, cheaper, and much less time
consuming compared to the manually done traditional commerce.
In spite of such advantages our businessmen are reluctant
to completely switch over to E-commerce specially in matters
of domestic trade. It is due to the absence of adequate
legal protection to electronic commerce in our domestic
law.
The
Law Commission with a view to bringing about a change in the
matter, took up a research work on the subject. This working
paper containing a proposal for the enactment of a new law
titled “Information Technology (Electronic Transactions)
Act, 2002” is the outcome of that research work.
This
working paper, prepared on 12 February 2001, is circulated
for eliciting comments and opinions only. It does not represent
the concluding views of the Commission. The Commission would
be grateful if comments and opinions on the working paper
are sent to it on or before 15 April 2002. All correspondence
should be addressed to :
The
Secretary
Bangladesh Law Commission
Old High Court Building
Dhaka – 1000
Tel : 955904, 9559005
Fax : 9560843
It
may be helpful for the Commission, either in discussion with
others concerned or in any subsequent recommendations, to
be able to refer to and attribute comments submitted in response
to this working paper. Any request, to treat all or part of
a response in confidence will be respected, but if no such
request is made the Commission will assume that the response
is not intended to be confidential.
Ikteder
Ahmed
Secretary |
