Supreme Court · 2025 INSC 371 · Decided 20 March 2025

M/S Citicorp Finance (India) Limited v. Snehasis Nanda

Court
Supreme Court of India
Citation
2025 INSC 371 · [2025] 3 S.C.R. 866
Case number
CIVIL APPEAL No. 14157/2024
Decided
20 March 2025
Bench
SUDHANSHU DHULIA, AHSANUDDIN AMANULLAH (2-judge bench)
Outcome
Appeal(s) allowed
Case type
Civil
Acts & sections cited
Arbitration Act; Consumer Protection Act Section 2(1)(d), 24A

Headnote

Whether on facts, the complainant-respondent would come under the definition of 'consumer' in terms of the Consumer Protection Act, 1986; whether any liability rested on the appellant to disburse the entire amount of Rs.31,00,000/- i.e., the remaining of the flat payable to the complainant-respondent by the borrower; whether borrower should have been joined in proceedings before the NCDRC. Consumer Protection Act, 1986 - s.2(1)(d) - Respondent- complainant took a housing loan of Rs.17,64,644/- from ICICI Bank and

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