Question
What is the Limitation period for cognizance of a
complaint under the Consumer Protection Act, 2019?Solution
Consumer Protection Act, 2019 S.69. Limitation period. (1) The District Commission, the State Commission or the National Commission shall not admit a complaint unless it is filed within two years from the date on which the cause of action has arisen. (2) Notwithstanding anything contained in sub-section (1), a complaint may be entertained after the period specified in sub-section (1), if the complainant satisfies the District Commission, the State Commission or the National Commission, as the case may be, that he had sufficient cause for not filing the complaint within such period: Provided that no such complaint shall be entertained unless the District Commission or the State Commission or the National Commission, as the case may be, records its reasons for condoning such delay.
What are moral hazards in underwriting?
Under which type of plans, an insurance that provides coverage at a fixed rate of payments for a limited period of time is called?Â
Selling insurance through groups is called?
_______ is basically a trade in which imported goods are re-exported with or without any additional processing or repackaging.
An independent professional person registered under the Insurance Act who represents the insurance buyer to purchase the insurers policy is known as?
Reinsurance placed with a company not authorized in the reporting company’s state of domicile is called?
Life Insurance Corporation of India provides its policy holders the facility to deposit premium at which of the following intervals?
Which country is the first in the world to introduce the concept of Insurance Repository services?
Which among the following is the oldest existing insurance company in India?
The practice of buying or selling of a security by someone who has access to material nonpublic information about the security, is termed as?
