May 21, 2024

India’s BSE Market Cap Surpasses $5 Trillion Milestone

On Tuesday, the total market capitalization of all stocks listed on the BSE briefly exceeded $5 trillion, marking a significant milestone for India. This achievement places India as the fifth country, following the US, China, Japan, and Hong Kong, to reach this mark. However, by the close of Tuesday’s trading, it settled at $4.97 trillion […]

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Section 28 – THE CONSUMER PROTECTION ACT, 2019

Establishment of District Consumer Disputes Redressal Commission (1) The StateGovernment shall, by notification, establish a District Consumer Disputes Redressal Commission, to beknown as the District Commission, in each district of the State:Provided that the State Government may, if it deems fit, establish more than one District Commissionin a district.(2) Each District Commission shall consist of—(a)

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Section 26 – THE CONSUMER PROTECTION ACT, 2019

Accounts and audit (1) The Central Authority shall maintain proper accounts and otherrelevant records and prepare an annual statement of accounts in such form and manner as may beprescribed in consultation with the Comptroller and Auditor-General of India.(2) The accounts of the Central Authority shall be audited by the Comptroller and Auditor-General ofIndia at such

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Section 27 – THE CONSUMER PROTECTION ACT, 2019

Furnishing of annual reports, etc (1) The Central Authority shall prepare once in every year,in such form, manner and at such time as may be prescribed, an annual report giving full account of itsactivities during the previous year and such other reports and returns, as may be directed, and copies ofsuch report and returns shall

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Section 23 – THE CONSUMER PROTECTION ACT, 2019

Designation of any statutory authority or body to function as Central Authority TheCentral Government may, if it considers necessary, by notification, designate any statutory authority orbody to exercise the powers and perform the functions of the Central Authority referred to in section 10 Practice area’s of B K Goyal & Co LLP Income Tax Return

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Section 22 – THE CONSUMER PROTECTION ACT, 2019

Search and seizure (1) For the purpose of conducting an investigation after preliminaryinquiry under sub-section (1) of section 19, the Director-General or any other officer authorised by him inthis behalf, or the District Collector, as the case may be, may, if he has any reason to believe that anyperson has violated any consumer rights or

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Section 21 – THE CONSUMER PROTECTION ACT, 2019

Power of Central Authority to issue directions and penalties against false or misleading advertisements. —(1) Where the Central Authority is satisfied after investigation that any advertisementis false or misleading and is prejudicial to the interest of any consumer or is in contravention of consumer16rights, it may, by order, issue directions to the concerned trader or

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Section 20 – THE CONSUMER PROTECTION ACT, 2019

Power of Central Authority to recall goods, etc. Where the Central Authority is satisfied onthe basis of investigation that there is sufficient evidence to show violation of consumer rights or unfairtrade practice by a person, it may pass such order as may be necessary, including—(a) recalling of goods or withdrawal of services which are dangerous,

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