The Supreme Court ruled that borrowers are not ‘consumers’ under the Consumer Protection Act if the loan is for profit-making purposes. This decision overturned an NCDRC order which had directed the Central Bank of India to compensate Ad Bureau Advertising Pvt Ltd for alleged incorrect reporting to CIBIL. Post navigation ‘Free movement of people on all roads from March 8’: Home minister Amit Shah reviews security situation in Manipur Compensation must be paid to construction workers affected due to GRAP curbs: Supreme Court
