Consider the following statements about the lsquo National Consumer Disputes Redressal Commission rs...........

Indian Polity Statutory Bodies

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Consider the following statements about the ‘National Consumer Disputes Redressal Commission’ of India

1. It can entertain complaints if value of goods/ compensation is above Rs. One crore.

2. It can entertain appeals against State Consumer Commissions.

3. Appeal against NCDRC verdict is not allowed

Which of the above statements is/are not correct?

Only 1

Only 2

Only 3

None of the above

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Explanation:

1st and 2nd statements are incorrect.
The National Consumer Disputes Redressal Commission (NCDRC), India is a quasi-judicial commission in India which was set up in 1988 under the Consumer Protection Act of 1986. Its head office is in New Delhi.
The commission is headed by a sitting or retired judge of the Supreme Court of India.
Section 21 of Consumer Protection Act, 1986 posits that the National Consumer shall have jurisdiction:- to entertain a complaint valued more than one crore and also have Appellate and Revisional jurisdiction from the orders of State Commissions or the District fora as the case may be.
Section 23 of Consumer Protection Act, 1986, provides that any person aggrieved by an order of NCDRC, may prefer an Appeal against such order to Supreme Court of India within a period of 30 days.