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Supreme Court Restores JSW's Resolution Plan in Bhushan Power Case: A Pragmatic Turn in IBC Jurisprudence (See CORP EINSICHT )

NMDC Steel becomes First to receive BIS License for Hot Rolled Steel for welded steel pipe (See 'Corp Brief')

FM interacts with interns of PM Internship Scheme in Hampi (See 'Corp Brief')

IBC - Withdrawal of CIRP cannot be permitted merely on the basis of a unilateral settlement with one minor creditor, particularly when other bigger Financial Creditors oppose it: NCLT (See 'Legal Desk')

World Food Day: Goyal highlights India-Brazil Partnership in Global Food Security (See 'Corp Brief')

Chouhan holds high-level meeting on strengthening KVKs (See 'Corp Brief')

India, Australia strengthen Energy Cooperation (See 'Corp Brief')

SEBI - PayTM founder held guilty of circumventing SEBI regulations to unlawfully grant ESOPs to self and brother by mis-representing promoter status and control - contravened disclosure & eligibility norms of SEBI - barred from accepting ESOPs for three-year period: SEBI (See 'Legal Desk')

India, Ethiopia hold Inaugural Joint Defence Cooperation Meeting (See 'Corp Brief')

Military Combat Parachute System of DRDO successfully tested at 32,000 feet altitude (See 'Corp Brief')

MoS inaugurates New Infrastructure at NIFT Mumbai (See 'Corp Brief')

A&C - Mere pendency of formal signature by one party, when other party has signed agreement after reading its terms including arbitration clause, does not prevent parties from being referred to arbitration: HC (See 'Legal Desk')

Bureau of Energy Efficiency invites Entries for Energy Conservation Awards (See 'Corp Brief')

PIB organizes Regional Media Workshop - 'Vartalap' at Konark (See 'Corp Brief')

India, Saudi Arabia strengthen Cooperation in Chemicals & Petrochemicals Sector (See 'Corp Brief')

PMLA - Secured creditor such as finance company not left without remedy, where properties acquired even prior to scheduled offence period are attached as value equivalent: SAFEMA Tribunal (See 'Legal Desk')

UP Chief Minister interacts with National Statistical Commission (See 'Corp Brief')

Chouhan visits 'Samanyu Honey' Beekeeping Centre in Punjab (See 'Corp Brief')

India strengthens Global Leadership in Spice Standards at 8th Codex Committee (See 'Corp Brief')

IBC - Speculative participants driven purely by profit motives can't be permitted to misuse insolvency & bankruptcy code, which is remedial framework conceived for revival and protection of companies: SC (See 'Legal Desk')

CCI okays acquisition of Cloud4C Services by Capgemini SE (See 'Corp Brief')

DTNBWED and UPBOCWWB join hands to empower Construction Workers through Skill Development (See 'Corp Brief')

IBC - IBC has a rehabilitative intent; companies revived through a resolution plan cannot be arbitrarily excluded from government tenders: HC (See 'Legal Desk')

Ministry of Labour joins hands with Zomato to strengthen Gig Economy (See 'Corp Brief')

Give preference to 'Made in India' products': Chouhan (See 'Corp Brief')

A&C - In large-scale infrastructure projects, quantification of actual loss resulting from time overruns is often impracticable, and law does not mandate proof of precise loss if parties have agreed to mechanism of reasonable compensation: HC (See 'Legal Desk')

Vaishnaw announces Enhanced Technological Upgrades and New Training Initiatives for RPF (See 'Corp Brief')

Ministry of Minority Affairs establishes Centres of Excellence to Promote Heritage and Classical Languages (See 'Corp Brief')

Mentorship cum acceleration sessions are arranged for 18 Start-ups (See 'Corp Brief')

Joshi to preside over World Standards Day 2025 Celebrations (See 'Corp Brief')

A&C - Award granted by arbitral tribunal for interest can't be challenged, just because in agreement between parties, there is no stipulation for awarding interest: HC (See 'Legal Desk')

DoPPW to conduct Nationwide Digital Life Certificate Campaign 4.0 (See 'Corp Brief')

Kharif sowing area increases by 6.51 lakh hectares: Chouhan (See 'Corp Brief')

PM GatiShakti marks 4 years with launch of transformative Initiatives: Goyal (See 'Corp Brief')

PC Act - Economic offences require different approach when considering bail, especially where offence involves deep-rooted conspiracy, fraudulent documentation, and abuse of fiduciary positions: HC (See 'Legal Desk')

ANRF Executive Council okays move for operationalization of RDI Fund (See 'Corp Brief')

MoS participates in 'Recognition Ceremony of Forest Rangers' in Abu Dhabi (See 'Corp Brief')

MoS holds interaction on governance innovations with representatives from 19 countries (See 'Corp Brief')

Arbitration & Conciliation Act - provisions of Rule 11 of 2021 Rules & Section 18(3) of 2006 Act facilitate arbitration as a means of dispute resolution & merely adopting different routes does not render either process illegal or ultra vires: HC (See 'Legal Desk')

Roadmap unveiled for development of 100 GW Nuclear Capacity by 2047 (See 'Corp Brief')

CCL launches Special Cover Dedicated to Coal Warriors and Coal India's Legacy (See 'Corp Brief')

PMLA - In money laundering case, modus operandi often involves circuitous and opaque ftnancial transactions, making direct evidence inherently difficult to obtain: HC (See 'Legal Desk')

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Govt received 4400 plaints against misleading advertisements in 2019

Published: Sep 16, 2020

By TIOLCORPLAWS News Service

NEW DELHI, SEPTEMBER 16, 2020: THE Department of Consumer Affairs has launched a portal - Grievance Against Misleading Advertisements (GAMA), to enable consumers to register their grievances against misleading advertisements. 3302 complaints have been received in 2017, 4025 complaints in 2018 and 4416 complaints in 2019.

The Advertising Standards Council of India (ASCI), a voluntary self-regulatory organization, looks into complaints across all media. The Consumer Protection Act, 2019 provides for establishment of a Central Consumer Protection Authority (CCPA) to regulate matters relating to violation of rights of consumers, unfair trade practices and false or misleading advertisements which are prejudicial to the interests of public and consumers and to promote, protect and enforce the rights of consumers as a class. One of the functions of the CCPA is to issue necessary guidelines to prevent unfair trade practices and protect consumers' interest.

This information was given in a written reply by the Union Minister of State for Consumer Affairs, Food and Public Distribution, Mr Danve Rao saheb Dadarao in Lok Sabha yesterday.

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