Why any online business need to start legally right way?

A website which either provides goods or services using its platform or not is covered under Information Technology Act 2002, which put the responsibility to intimate user of platform about your services, its limitation, use of data collected and other necessary information. Further if you use online platform to extend your services or sell goods then you serve two roles. First of a Good or Service provider where user will be treated as consumer and second as a platform provider Under IT ACT 2002, Both these roles warrant to intimate users all terms and conditions by notifying appropriate policies. Hence it is impeccable to get your online platform legally correct and secure to use.

What are some must have legal policies for an E-commerce portal?

Mandatory legal policies do vary from company to company as per nature of their business and circumstances under which they operate, however here are some common mandatory policies which need to be ready from start when starting a new online business

• Privacy Policy: – It include how you maintain privacy of users who are going to use your website. While surfing net web technology collects many data about user and maintain records of same, in the form of cookies, subscription, sign up. While these are required to provide a better surfing experience for users. A policy should be there which should assure that these private data will not be used for any other purpose and company has effective measures to maintain its safety and confidentiality.
• End User Agreements:- These are terms and condition on the basis of which you are allowing user to access your website and its services. As soon as someone login, then the user will be deemed to accept all such conditions. These are necessary to keep misuse of website at check and take legal action if any user defy it.
• Refund Policy:- If you are providing services or goods using your online platform then user definitely want to know your refund policy. Not having a refund policy at place definitely invite litigation from consumers part. Hence before even you start has an extensive and user-friendly refund policy.
• Vendor/Contractors Agreement: – These are indeed important for a ecommerce business to keep all business relations in writing, these vendor/Contractors agreement will include, term of supply of services or Goods, payment terms, deduction on default in services, service level to be accepted.
• Service Level Agreements:– These agreement are important to be executed with your customers and vendors as well to have a common understanding of level of service to be expected. SLA agreements as it is known will provide a documents supporting your claim at the time of any legal dispute.
• Other policies:– Apart from that you can consider to put Disclaimer policy, Terms of use of services. etc

What is Ready Draft?

Ready Draft: – Where we use a pre-drafted format to make legal documents for example rent agreement or contractors agreement. We have very standard formats for all these documents and once details related to your business is provided our in house software quickly search the related business category and create rather tailor-made documents as per industry. The detailed and a well-drafted standard documents are ready within 15 -20 minutes or less. As the process is quite automated we charge a fraction of fees as charged for Duly Drafted due to saving in time of our professionals. However if you want particulars terms and condition to be included in the documents it is better to go for Duly Drafted, where Document is drafted from scratch as per you requirements of business.

What is Duly Draft?

Duly Drafted: – It is entirely Tailor-made drafting done from scratch as per specific requirement of clients. There are obvious cases of “one doesn’t fit all”, hence there is need to be specific provisions that need to be inserted to keep the documents relevant. As professional require more time to draft the documents and take the approval, Duly Draft is costly as compared to Ready Draft. The whole process may take 2-3 working days and Professional will submit first draft within 24 hours and send for approval. Maximum 2 times changes will undertaken any further change will be chargeable on Rs/- 350 per hour.

Which one you should choose?

This is completely depends on what type of industry or sector, in which your business is operating. You can seek advise of our experts and they will guide to choose best course of action. You can just send an email to cs@aktassociates.com explaining nature of your business and some-one from our legal team will get in touch with your to advise on it.

Who will draft Ready Draft documents?

Ready Drafts are program based automated drafting where we need to just supply the required information and program will make the documents ready based on industry and nature of business. There is less human intervention hence there is less chances for errors. These are best and now used world wide to draft standard legal documents. Due to automation, accuracy and inbuilt cross check errors are avoided and a well-drafted legal documents are ready at a fraction of cost. These are best for those businesses that want to have standard terms & conditions and at the same time want a cost effective solutions.

Who will draft my Duly drafted documents?

Duly drafted are tailor-made legal documents/policies drafting solutions. This is intended for such enterprises, which need specified terms and conditions. We engage our legal team to understand the requirement and put them under legal language to protect the enterprises from any future misadventure by any stakeholders. If you feel you need such services get in touch with us by sending email to cs@aktassociates.com and our team will get in touch with you.

How much cost effective these packages are?

Out services will be at least 70% cost effective then engaging a legal firm. We achieve this cost saving by using automated drafting software and spreading overheads on large number of clients. This help us to stay competitive at the same time our clients get standardized legal drafting services at very cost effective price.