Dipali posted an Question
August 29, 2021 • 04:43 am 30 points
  • UGC NET
  • Commerce

Consumer dispute resolution commission redressal mechanism state commission how much value is compensated

consumer dispute resolution commission redressal mechanism state commission how much value is compensated

1 Answer(s) Answer Now
  • 1 Likes
  • 1 Comments
  • 0 Shares
  • Rucha rajesh shingvekar best-answer

    The Consumer Protection Act, 2019 Pecuniary Jurisdiction – The 2019 Act also changed the pecuniary jurisdiction for the District, State and National Commissions, respectively. The pecuniary limit for the District Commission has been increased to up to Rs.1 Crore from up to Rs.20 Lakhs; for State Commission it has been increased to up to Rs.10 Crores from up to Rs.1 Crore; and for National Commission the pecuniary jurisdiction has been increased to over and above Rs.10 Crores as against Rs.1 Crore in the 1986 Act. 

whatsapp-btn

Do You Want Better RANK in Your Exam?

Start Your Preparations with Eduncle’s FREE Study Material

  • Updated Syllabus, Paper Pattern & Full Exam Details
  • Sample Theory of Most Important Topic
  • Model Test Paper with Detailed Solutions
  • Last 5 Years Question Papers & Answers