Jail Misleading Advertising

Instead of jail term, celebrities endorsing misleading ads will have to pay penalty of up to Rs 50 lakh and serve a ban of up to three years once the new Consumer Protection Bill is cleared by Parliament.

To make celebrities accountable for misleading advertisements, a Parliamentary Standing Committee today recommended stringent provisions including jail term up to five years and hefty penalty of up to 50 lakh in order to protect consumer interest.

The Real Estate (Regulation and Development) Bill, cleared by the Cabinet, aims at protecting home buyers from getting duped by developers and builders. It talks of penal provisions for builders and developers, including jail term of 3 years for misleading advertisements about projects.

A Bill providing for setting up a regulator for the real estate sector and having provisions like jail term of up to three years for developers who put up misleading advertisements about projects repeatedly, was approved by the government on Tuesday.

The Union Cabinet approved on Tuesday the bill to set up a regulator for the real estate sector with provisions for a jail term for the developer for putting out misleading advertisements about projects.

Instead of jail term, celebrities endorsing misleading ads will have to pay penalty of up to Rs 50 lakh and serve a ban of up to three years once the new Consumer Protection Bill is cleared by Parliament.

To make celebrities accountable for misleading advertisements, a Parliamentary Standing Committee today recommended stringent provisions including jail term up to five years and hefty penalty of up to 50 lakh in order to protect consumer interest.

The Real Estate (Regulation and Development) Bill, cleared by the Cabinet, aims at protecting home buyers from getting duped by developers and builders. It talks of penal provisions for builders and developers, including jail term of 3 years for misleading advertisements about projects.

A Bill providing for setting up a regulator for the real estate sector and having provisions like jail term of up to three years for developers who put up misleading advertisements about projects repeatedly, was approved by the government on Tuesday.

The Union Cabinet approved on Tuesday the bill to set up a regulator for the real estate sector with provisions for a jail term for the developer for putting out misleading advertisements about projects.