Supreme Court clarifies “Commercial Purpose” under Consumer Protection Act: Shrikant G. Mantri vs. Punjab National Bank (2022)
Supreme Court clarifies “Commercial Purpose” under Consumer Protection Act: Shrikant G. Mantri vs. Punjab National Bank (2022) LEGAL ISSUE: Whether an overdraft facility availed by a stockbroker for his business constitutes a “commercial purpose” under the Consumer Protection Act, 1986, and whether the services were exclusively for earning livelihood by self-employment. CASE TYPE: Consumer Law […]