A critical study of product liability and analysis with special reference to India

Consumers have legal redress for any harm brought on by a faulty product under liability law. According to estimates, items detrimental impact millions of individuals throughout the world, and sellers or producers wind up shelling out sizable sum products-liability insurance as well damages. A must satisfy consumer's reasonable expectations, thus it is duty buyers guarantee product's safety quality in accordance with its description. modest way life locally produced goods meant that anybody who experienced from could deal maker directly without need action government regulation. However, owing growth problems emerging goods, changes instruments production consumption, such industrial revolution technical advancements, among others, led establishment To safeguard rights customers general public at large, India recognising realising developing implementing strong framework. In specifically, article addresses importance professional indemnity plans some significant developments their insurance. The Act's whole chapter devoted provides insight into anticipated effect