IBMRD's Journal of Management & Research

Abstract

THE CONSUMER PROTECTION ACT, 1986 is milestone in the history of socio-economic legislation and is directed towards public welfare and public benefits. The revolutionary changes in industry and scientific developments have lead to more consumer goods being produced. But in most of the cases due to shortage of time, the buyers are purchasing many ready made goods without actually assessing the quality and quantity of goods. The cut throat competitions between the manufacturers and traders have led to the exploitation of the consumers. The main object of the Consumer Protection Act, 1986 is to protect the genuine interest and rights of the consumers. But the consumer forums have no power to grant interim relief. In order to provide speedy justice to the consumer the Act should amended and the consumer forums should be given power grant interim relief to the complainants.

This paper makes an initial assessment of the problems posed by unfair trading practices and exploitation of consumer by organizations and trained sellers, existing trade practices and policies to regulate and implementation and establishment of consumer council. The main objective of this paper is to know the unfair trade practices and to aware consumer from exploitation.

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