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Law for product booking

(Querist) 08 January 2012 This query is : Resolved 
What is the law for product booking???

An example
An unique scheme to buy product by monthly recurring payment and enjoy bonus at the time of purchase / redemption.

Monthly Payment: 300
Total Payment: 3600
Product Value: 3900

What Law for this case?
Sailesh Kumar Shah (Expert) 08 January 2012
what is the issue ?
Raj Kumar Makkad (Expert) 08 January 2012
Once product as undertaken received to the customer by paying full cost, the chapter ends. What remains now for the experts?

Wastage of time of something more?

You are consuming the product, seller is enjoying money and we experts??

You have to tel under which law, you purchased the product. How can we anticipate.
Sanjib Roy (Querist) 08 January 2012
An example
An unique scheme to buy product by monthly recurring payment and enjoy bonus at the time of purchase / redemption.

Monthly Payment: 300
Total Payment: 3600
Product Value: 3900

What Law for this case?
Devajyoti Barman (Expert) 08 January 2012
Sale of Goods Act.
M V Gupta (Expert) 09 January 2012
Yes. The relevant law is Sale of goods Act.
prabhakar singh (Expert) 09 January 2012
Sale of goods Act 1930,read with the Hire-Purchase Act, 1972.
Deepak Nair (Expert) 09 January 2012
Rightly advised by experts.


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