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New law to rein in realtors
| November 1, 2006 |  (Be the first to rate this story!) Loading ... |
NEW DELHI: The government proposes to bring in a law that would strengthen and widen the ambit of consumer protection. It would make manufacturers liable to be prosecuted for goods which are likely to become hazardous to life and property in future.
The Bill also seeks to classify real estate developers as “traders”, rendering them liable to be tried in a consumer court.
The amended Bill, being circulated for other ministries’ opinion will come up for Cabinet approval soon and if approved, it is likely to be introduced in the winter session of Parliament.
Overseas agencies operating through e-commerce sites or telemarketing will no longer be able to sell unless they maintain an office or appoint an agent in India. Overseas sellers would have to provide details of their office or agent in the sale offer to allow consumers to file complaints.
E-commerce and service providers will be bound to refund buyers who did not have the opportunity to inspect the goods prior to purchase within 30 days if the goods and and services are found defective.
Source from TimesOfIndia
http://timesofindia.indiatimes.com
News Published Under: Real Estate India, Delhi |
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