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Supreme Court of India

Shrikant G. Mantri v. Punjab National Bank

Neutral citation
Reported as [2022] 5 S.C.R. 945
Bench L. Nageswara Rao and B. R. Ga V Ai JJ.
Decided 22 February 2022

INSC stands for INDIAN SUPREME COURT. A neutral citation scheme assigned by the Court itself, so a judgment can be cited without depending on a commercial law reporter. INSC is the neutral citation scheme assigned by the Supreme Court, so a judgment can be cited without depending on a commercial law reporter.

3 Supreme Court benches have cited this judgment.

From the headnote

Consumer Protection Act, 1986: ss. 2(1)(d), 2(1)(d) (i), 2(1)(d)(ii) – Appellant was a stock-broker by professio n – He was also acting as stock broker for respondent bank – ppellant took overdraft facility from respondent-bank and also so ught enhancement of the same from time to time in furthe rance of his business as stock broker and for enhancing profit – Whether the appellant had availed the services of the respondent for ‘ commercial purpose’ and therefore he was not a consumer as envisag ed under s.2(1)(d) of the Act – Held: Ordinarily, “commercial purpose” is understood to include

Authorities it was built on

Where later benches applied it

Of those, 3 referred to

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