While the earlier law did cover unfair trade practices, the current one makes it more comprehensive. It adds practices such as failure to issue a bill or a receipt, refusal to accept a good returned or refusal to discontinue service within 30 days (if it is so stipulated and requested by the consumer) and disclosure of persol information given in confidence, to the list of unfair practices. It also defines unfair contracts. Issues such as excessive security deposit requirements, pelty for breach of contract which is disproportiote to the loss incurred and refusal to accept early repayment of debt on payment of applicable pelty will now fall under its ambit.