What is the main objective of Consumer Protection Act?
CS Professional · Banking - Law & Practice · PYQS · June 2023
What is the main objective of Consumer Protection Act?
Answer & Explanation:
The Consumer Protection Act was enacted in India for the first time in the year 1986 to protect the interest of the consumers of goods and services. Several shortcomings have been noticed while administering the various provisions of the Consumer Protection Act, 1986. With the advent of technological development in E-commerce and online-based dispensation of goods and services and have provided new options and opportunities for consumers for which the Consumer Protection Act, 1986 was repealed and Parliament enacted the Consumer Protection Act, 2019. Consumer Protection Act, 2019 a path breaking socio economic legislation and most important milestones in the area of consumer movement in India. Preamble of the Consumer Protection Act, 2019 provides for protection of the interests of consumers and for the said purpose, to establish authorities for timely and effective administration and settlement of consumers' disputes and for matters connected therewith or incidental thereto.
Topics: Consumer Protection Act, 2019
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