Company Law Moving Towards Email As Evidence
Today there is no specific recognition of email as evidence, which has often been exploited by companies facing prosecution, but in the new company law being drafted by the government this might just undergo a change.
With corporates relying on emails for bulk of their communication, the ministry of corporate affairs is planning to recognise electronic communication by corporates as evidence during company law prosecutions.
Even as the company law awaits amendments to this effect, the Competition Commission of India (CCI) feels corporate emails could be crucial evidence in cartel investigations. CCI recommends enterprises to maintain a check on electronic correspondence of its marketing personnel and distributing agents to ensure they do not engage themselves in anti-competition activities. [Via]