Supreme Court · 2014 INSC 480 · Decided 9 July 2014

Punjab University v. Unit Trust of India & Ors

Court
Supreme Court of India
Citation
2014 INSC 480 · [2014] 8 S.C.R. 273
Case number
CIVIL APPEAL No. 400/2007
Decided
9 July 2014
Bench
C.K. PRASAD, PINAKI CHANDRA GHOSE (2-judge bench)
Outcome
Disposed off
Case type
Civil
Acts & sections cited
Consumer Protection Act

Headnote

CONSUMER PROTECTION ACT.,11986: A B c s. 2(1) (d) (i) and (ii) -- "Consumer" - "Commercial purpose" -- Universities making investment in "Institutional Investors Special Fund Unit Scheme, 1998" (llSFUS-98) /floated by Unit Trust of India (UT/) - Complaints by : 0 proceeds were far less than that was stipulated 1! Mainta/nability of -- Held: .The term "commercial purpose" must be interpreted considering the facts and circumstances of each case - The words 'commercial purposes' .would cover 'an undertaking the object of which is to make

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