Domain Name represents virtual presence to your Business over the Internet. The population of Netizens is increasing at a rapid pace and this has created an opportunity to do business online which is popularly known as e-business. The opportunities offered by the means of the Internet are so powerful that it has converted the whole world into a virtual market. The business opportunities have also invited the troubles in the form of Cyber squatting (abusive domain name registration) and Cyber Crimes. This development has created the need for Management of Domain/Internet Names and Addresses, development of legal issues in the fields of trademark, copyright and electronic commerce.