The Consumer Protection Act, 2019: Preamble, Extent and Definitions | PAPER II – PRINCIPLES & PRACTICES OF BANKING | MODULE A: GENERAL BANKING OPERATIONS
Banker - Consumer Protection Act 2019 Consumer Protection Act, 2019: Notes for Bankers Author: Bank Theory Preamble, Purpose and Extent The Consumer Protection Act, 2019 was enacted to provide for the protection of the interests of consumers and for the establishment of authorities for timely and effective administration and settlement of consumer disputes. Preamble: Seeks to protect consumer rights through redressal mechanisms. Extent: Applicable to the whole of India except Jammu & Kashmir (now includes UTs). Act not Overriding on Any Other Law The provisions of this Act are in addition to and not in derogation of the provisions of any other law for the time being in force. Salient New Aspects of CPA 2019 Establishment of Central Consumer Protection Authority (CCPA) Introduction of Product Liability Unfair contracts and penalties defined ...