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I have given 8 lakhs money for investment in stock market. He nor have any firm or any shop neither Sebi registered. But I invested at him because he said he has Sebi registration. Now can I file case against him in district consumer court?
Yes, you can file a case against him in the district consumer court. The Consumer Protection Act, 2019 provides for the protection of the interests of consumers. Section 2(1)(o) of the COPRA defines a consumer as "any person who buys any goods or avails of any services for a consideration which has been paid or promised or partly paid and partly promised, or under any system of deferred payment." for more information contact us.