SUPREME COURT DECIDES THAT COMMERCIAL TRANSACTIONS ARE NOT A PART OF CONSUMER PROTECTION ACT 1986:  NEW ARENA DECODED

RELEVANT FACTS The appellant(s) allegedly failed to pay the respondent no.1 investment sum. The respondent had invested Rs. 5 lakhs in the partnership firm, in which the appellant’s spouse was a partner, to be repaid after 120 months with interest at 18% per annum. Respondent No. 1 requested the premature Read more…