SCDRC DIRECTS BANK TO PAY 1L COMPENSATION FOR FAILURE TO INFORM LOAN APPLICANT OF REJECTION

News Date: 02 May 2017

State Consumer Disputes Redressal Commission, Maharashtra has held that failure to inform an applicant about rejection of his loan application constitutes deficiency of service on part of Bank.

Consumer Protection-Bonum Lex

SUPREME COURT: COURTS SHOULD TAKE ‘PRAGMATIC VIEW’ OF RIGHTS OF CONSUMERS

News Date: 10 Apr 2017
Supreme Court has said that it is necessary for Courts to take a “pragmatic view” of rights of consumers in disputes concerning them since customers are at a disadvantage as compared to service providers.