The National Consumer Disputes Redressal Commission vide notice dated 20 July, 2020 has clarified that the body shall no longer entertain complaints related to transaction of goods and services for which consideration paid is bellow 10 crores(100 Million). The pecuniary jurisdiction of the commission is limited in the light of the new consumer protection act 2019.
Nodal officer under UAPA: New appointment to regulate Gift IFSC entities
The February 2025 circular issued by IFSCA signals a shift in the leadership for overseeing the implementation of these critical regulations. Ankit Bhansali, General Manager