Lok Sabha Passes Consumer Protection Bill 2018 [Read Bill]

Lok Sabha Passes Consumer Protection Bill 2018 
The Lok Sabha today passed the Consumer Protection Bill 2018, which seeks to wholly replace the Consumer Protection Act 1986.

Union Minister for consumer affairs Ram Vilas Paswan introduced the Bill.

The Consumer Protection Bill 2018 seeks to establish a national level regulator -Central Consumer Protection Authority- to deal with consumer complaints on a proactive measure. The present law does not have a regulator.

Misleading advertisements 

The Bill 2018 contains provisions to deal with misleading advertisements. 

‘Misleading advertisements’ are defined under Clause 2(28) as advertisement, which—

 (i) falsely describes such product or service; or 
(ii) gives a false guarantee to, or is likely to mislead the consumers as to the nature, substance, quantity or quality of such product or service; or
 (iii) conveys an express or implied representation which, if made by the manufacturer or seller or service provider thereof, would constitute an unfair trade practice; or 
(iv) deliberately conceals important information.

Source: LiveLaw