KARACHI: The Sindh Assembly has given approval for the Sindh Consumers Protection Bill, 2014. The consumer courts and consumer protection councils will be established in every district. The courts shall have the same powers as are vested in civil courts under the code of civil procedure, 1908.
Under the law, if a manufacturer fails to perform or in any way infringes the liabilities under the law, he shall be punished with imprisonment of up to two years or with a fine that may extend Rs100,000 or with both in addition to damages or compensation.
The law also debars any person from advertising or promotion of services through lottery or attracting consumers for additional expenditure by way of reward or award in lieu thereof except for the charges for his original product.
Askari General Insurance, Askari Life transfer 51% stakes from Army Welfare Trust to Fauji Foundation
KARACHI: Askari General Insurance Co. Ltd. and Askari Life Assurance Company Limited have disclosed the transfer of their respective 51%...
