WHO ARE CONSUMER? Section 2 (1)(d) of consumer protection act 1986 defines consumer as – A consumer is a person who purchase good and services with exchange of money for his personal consumption and not for resale. As for example, Saumya bought a scooty for her personal use with a consideration of 60,000 rupee from…
AIM AND OBJECTIVE OF CONSUMER PROTECTION ACT Whenever there are some issues, flaws, deficiency, or something wrong where should one go or complain or is it ever possible to raise voice against this? For all such type of questions or queries The Consumer Protection Act, 1986 was implemented in 1986. The purpose for the act…
Introduction: As per the preamble of the Consumer Protection Act, “An act to provide for better protection of the interests of consumer and for that purpose to make provision for the establishment of consumer councils and other authorities for the settlements of consumer disputes and fir matters connected therewith.” Features: 1. Applies to all the…
The Consumer Protection Act was first implemented in 1986 and it is for the betterment and fast compensation for the consumers. It gives the rights to the consumers to speak against inadequacy and flaws in any products as well as services. If any manufacturer did any illegal trade then this act protects the consumer by…
In simple words Caveat Emptor means “let the buyer beware”. Emptor in Latin is the buyer and the verb cavere is a verb of caution: caveat emptor was the perfect principle for transactions involving not massive quantity of goods. In commercial transaction it is the duty of every buyer to be careful while buying goods…
Introduction The Consumer Protection Act, 2019 is the act of the Parliament of India. This Act replaces the Consumer Protection Act, 1986. This Act helps to provide protection of consumer’s interests, to establish authorities for effective, timely and proper administration and settlement of consumer disputes and other consumer related matters. This Act was set to…
Hire purchase is an arrangement for buying expensive consumer goods, where the buyer makes an initial down payment and pays the balance plus interest in instalments. Hire purchase agreements are similar to rent-to-own transactions that give the lessee the option to buy at any time during the agreement, such as rent to own cars. Like rent-to-own,…
Contract of Sale is governed by the The Sale of Goods Act, 1930. Section 4(1) defines the contract of the sale as –a contract whereby the seller transfers or agrees to transfer the property in goods to a buyer for a price. For a valid Contract of Sale, there must be certain essentials like: There…
All of us who have bought electronic items or similar devices, ask about the warranty periods. In some cases, you may have seen that even the warranty is sold separately as a commodity. But does the law say about it? While making a contract of sale of goods the buyer and seller enters into some terms and…
INTRODUCTION : Mahatama Gandhi once said that “A customer is the most important visitor on our premises. He is not dependent on us. We are dependent on him. He is not an interruption in our work. He is the purpose of it. He is not an outsider in our business. He is part of it.…
