Sant Rohidas Leather Industries And ... vs Vijaya Bank

The Supreme Court examined whether a company that invested in a fixed deposit with a bank qualifies as a 'consumer' under Section 2(1)(d) of the Consumer Protection Act, 1986. The National Consumer Disputes Redressal Commission had dismissed the complaint on the ground that the appellant was not a consumer. The Court analyzed the statutory definition and the nature of the transaction, ultimately affirming the dismissal, holding that the appellant company did not fall within the definition of a consumer for the purposes of the Act in this context.