CEO and Co-founder of MobiCommerce and Design’N’Buy
Abhishek Agarwal is CEO and Co-founder of MobiCommerce and Design’N’Buy. Abhishek is an IT graduate from BITS, Pilani and with an entrepreneurial experience of 13 years, Abhishek is a visionary who proactively looks out for the next big thing.
The Consumer Protection Act, 1986 may be replaced by the new Consumer Protection Bill 2015 that will also incorporate e-commerce. This proposed bill could replace the 29-year-old law and recognise the growing complexity of the business landscape with the expansion of e-business across India. The bill sets up a new regulatory authority that will have powers to recall goods and services and also initiate class action lawsuits against companies that are defaulting against the statutes of the law and these will now, explicitly, include Indian e-commerce companies.