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'Commercial Purpose' NCDRC Dismisses Complaint Against Construction Company For Deficiency Of Service

The NCDRC consisting of Presiding Member Justice Ram Surat Ram Maurya dismissed a complaint filed by the complainants against Zenal Construction Pvt. Ltd. (Zenal Construction). The commission. ....

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JNPT Is Not a Consumer Since it Invited Quotations from Banks To Earn Profit from FDs: NCDRC

Dismissing a complaint, the national consumer disputes redressal commission (NCDRC) ruled that the act of Jawaharlal Nehru Port Trust (JNPT) inviting quotations from banks seeking higher interest rates for its term deposits does not fall under the Consumer Protection Act. In this case, JNPT had also filed a case with the central bureau of investigation (CBI) against Oriental Bank of Commerce (OBC) for transferring Rs180 crore to one Padmavati International. JNPT had deposited the money with OBC as a term deposit in two tranches. ....

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