In a landmark judgment, the Supreme Court has ruled that electronic signatures are legally valid and enforceable for all types of contracts, with certain exceptions.
## Key Ruling
The Court held that:
- Electronic signatures are equivalent to handwritten signatures
- Digital contracts are legally binding
- E-signatures meet the requirements of the Information Technology Act
- Certain documents still require physical signatures (wills, negotiable instruments)
## Implications
This ruling has significant implications:
- Businesses can execute contracts digitally
- Reduced need for physical document signing
- Faster contract execution processes
- Cost savings on document management
## Best Practices
When using e-signatures:
- Use certified e-signature providers
- Maintain proper audit trails
- Ensure consent and authentication
- Comply with IT Act requirements