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- The product like Uber and Ola claim to be a Technology Company and therefore the first compliance required is under the Information Technology Act, 2000.
- However, as regards the applicability of Motor Vehicle Act, 1988 and the allied Rules applicable in various states in India, there is lack of cl...
Wazzeer Professional Network
ProfessionalWhat are the compliance to be met to start a product like Uber in India?
-
Wazzeer Professional Network
Professional- The product like Uber and Ola claim to be a Technology Company and therefore the first compliance required is under the Information Technology Act, 2000.
- However, as regards the applicability of Motor Vehicle Act, 1988 and the allied Rules applicable in various states in India, there is lack of clarity since companies like Uber and Ola claim that the same are not applicable whereas the regulatory authorities state that the said Rules would apply.
Further, in a state like Karnataka, the government has formulated The Karnataka on-demand Transportation Technology Aggregators Rules, 2016 but the validity of the same is also under challenge before the respective High Court.
- The Ministry of Road and Transport also has plans to come with guidelines stipulating inter-alia compliances for such companies.
- Therefore, presently, taking a conservative view, compliances under the Information Technology Act, 2000 and the Rules framed under the Motor Vehicles Act, 1988 by various states where the proposed business is to operate, would be required to be complied with.
'Get your Wazzeer' to have a professional take care of all the legal and accounting compliance.
almost 5 years ago
View answer
What are the compliance to be met to start a product like Uber in India?
-
Wazzeer Professional Network
Professional- The product like Uber and Ola claim to be a Technology Company and therefore the first compliance required is under the Information Technology Act, 2000.
- However, as regards the applicability of Motor Vehicle Act, 1988 and the allied Rules applicable in various states in India, there is lack of clarity since companies like Uber and Ola claim that the same are not applicable whereas the regulatory authorities state that the said Rules would apply.
Further, in a state like Karnataka, the government has formulated The Karnataka on-demand Transportation Technology Aggregators Rules, 2016 but the validity of the same is also under challenge before the respective High Court.
- The Ministry of Road and Transport also has plans to come with guidelines stipulating inter-alia compliances for such companies.
- Therefore, presently, taking a conservative view, compliances under the Information Technology Act, 2000 and the Rules framed under the Motor Vehicles Act, 1988 by various states where the proposed business is to operate, would be required to be complied with.
'Get your Wazzeer' to have a professional take care of all the legal and accounting compliance.
almost 5 years ago
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