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Daily Archives: October 2, 2017

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What is Consumer Protection Act 1986 (CPA/COPRA)?

Legal and Regulatory aspects of bankingBy Surendra NaikOctober 2, 20172 Comments

The Consumer Protection Act (COPRA) 1986 was enacted by the Government of India. The act  spells out the rights of the Consumer and the responsibilities of the supplier. The law provides the establishment of consumer councils and other authorities for the settlement of consumers’ disputes and for matters connected therewith. Sec. 2 (1) (d) of…

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