Mediation is the need of great importance for the fast and productive removal of buyer cases and it’s exemplary taking a gander.
These Ombudsmen are officially appointed by the Government to function as middlemen in the grievance redressal sought by the consumers.
Introduction: In any trade two parties are involved known as the ‘seller’ i.e., the person who is offering any product or service for sale and ‘buyer’ or ‘consumer’ i.e., the person who is purchasing a product or availing a service offered for sale in exchange for mostly money (sometimes goods). Read more…
Introduction: In many ways, international payments are like domestic payments. They involve a payer using the services of 1 or a lot of intermediaries to transfer price to a payee. However, they tend to involve a variety of additional complexities as a result of the gap between the parties, the Read more…
Introduction: Among its stakeholders, India has issued a draught national policy document on e-commerce. It addresses a wide variety of e-commerce concerns, including data localization, small player level playing field, deep discount prohibition, and customer security. Among its partners, it began a discussion and faced resistance from different agencies. Government Read more…
India has, for a long time given precedence to Caveat Venditor (Seller Beware) over the ancient maxim of Caveat Emptor (Buyer Beware), with the recognition of various consumer rights enshrined in the Consumer Protection Act, 1986 (“old Act”). However, with the passage of time, the old Act became a little Read more…
Introduction: In COVID-19 outbreak, the pathogen which is causing the coronavirus has been widely spread throughout the world and still, the world is suffering from the consequences caused by it. Across the world, this pandemics’ effect is being seen in every sector of life especially in the marketing and business Read more…
Introduction: In earlier times people used to organize themselves in groups and it was thus believed that certain amounts of frictions were obvious. Individuals in those groups would get engaged with each other in various forms of purchase and transaction and it was also reasonably supposed that in the situation Read more…
Introduction: At present scenario due to the novel coronavirus (COVID-19) has caused a lot of crisis in every field of life, it has brought a change in personal behaviour and also the norms of the society. COVID-19 has taken a toll on the life of the people resulting in a Read more…
Introduction: Dumping, in economics terminology, means to injure pricing in terms of global trade. This happens when manufacturers export a product to other nations at a value lower than usual with an injuring effect. The objective of this process is to increase the share in the market of such nations Read more…
Introduction: Worldwide, sovereign countries are bound by trade obligations laid down by the World Trade Organization (“WTO”) and bilateral agreements signed between them. International trade is important in developing friendly relations among the countries, helping developing countries to thrive on the resources imported and/or exported to and from developed countries Read more…
Introduction: Food is the basic necessity of life. Without that, a person cannot sustain. These days adulteration has posed as a very serious and life-threatening image. It is everywhere be it medicines, food, groceries, and where not. Previously also these practices existed but now they have become quite evident. What Read more…