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.