Consumer Interest

Technological advances are often expected to benefit everyone. However, it appears that only fraudsters are becoming smarter, leaving common consumers an easy prey. Take for example, the new fraud taking place where fraudsters are obtaining mobile numbers that are mostly similar to toll-free...
  • After holding home-buyers as financial creditors as per the Insolvency and Bankruptcy Code (IBC), the Supreme Court on Tuesday accepted an amendment in the IBC as constitutionally valid, which requires no less than 100 or 10% home-buyers to initiate insolvency against builder or developer....
  • In a landmark judgement, the Maharashtra Real Estate Appellate Tribunal (MahaREAT) has directed the promoters of Palava Lakeside to refund with interest (at interest of 2% more than the marginal cost of funds-based lending rate—MCLR—of State Bank of India) money paid by two home-buyers, who...
  • Cyber Dost, a twitter account managed by the union ministry of home affairs, has warned people about a new scam that informs on adding a nominee to their bank account. “Beware of such spoofed information. Such messages may be trick of cyber criminals to defraud you. Always verify from your...
  • From fairwashing to fragrance, consumers have plenty to watch out for in 2021.   Consumers have a lot to watch out for in terms of deceptive advertising trends in 2021. Here are five will be keeping an eye on in the new year. (Not included on the list – but definitely...
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