Supreme Court of India
SANT ROHIDAS LEATHER INDUSTRIES AND CHARMAKAR DEVELOPMENT CORPORATION LTD. versus VIJAYA BANK
2026 INSC 264
Issue for consideration
Whether the appellant, a body corporate, while availing services of the Bank to deposit its surplus funds in an interest bearing term deposit, such as a Fixed Deposit Receipt (FDR), could be considered a consumer as defined in Protection Act, 1986; whether the nature of allegations made in the complaint were such that they took the claim outside the purview of proceedings under the 1986 Act.
Headnote excerpt
Consumer Protection Act, 1986 – s.2(1)(d) – “consumer” – NCDRC dismissed the
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