Niyam v2 is live — start for just ₹100 — 200 credits to try

february 2025

Supreme Court of India · 2025-02-28

The Chief Manager Central Bank Of India vs M/S Ad Bureau Advertising Pvt Ltd

Court
Supreme Court of India
Petitioner
The Chief Manager Central Bank Of India
Respondent
M/S Ad Bureau Advertising Pvt Ltd
Author
Sudhanshu Dhulia
Bench
Prashant Kumar Mishra, Sudhanshu Dhulia

Judgment text excerpt

The Supreme Court examined whether a borrower of a project loan qualifies as a 'Consumer' under the Consumer Protection Act, 1986. The case originated from a dispute decided by the National Consumer Disputes Redressal Commission, which held that the borrower was a consumer. The Court analyzed the statutory definition and the nature of the relationship between the borrower and the bank. It ultimately addressed the scope of consumer protection laws in the context of financial transactions involving project loans.

The Chief Manager Central Bank Of India vs M/S Ad Bureau Advertising Pvt Ltd · Niyam