Supreme Court: Ad Valorem Court Fees Apply to Appeals Seeking Statutory Land Acquisition Benefits  ||  Supreme Court: Cruise Voyages Remain Shipping Business under Section 44B Despite Onboard Services  ||  Supreme Court: People Abandon Cattle on Roads But Object to Their Use For Food  ||  Supreme Court Stays CIC Decision Declaring NSE Subject to the RTI Act  ||  SC: Wife May Be Denied Interim Maintenance if Husband Ex Facie Establishes Adultery  ||  SC: Prior Testimony is Inadmissible without Section 299 CrPC Order against Absconder  ||  Supreme Court: Administrative Action Can't Be Invalidated Solely for Lacking Formal Order  ||  Calcutta High Court: Section 141 NI Act Does Not Apply to Sole Proprietorships  ||  Orissa High Court Criticizes Magistrate for Defying Direction in Cheque Bounce Case  ||  Delhi High Court Safeguards Yuvraj Singh's Personality Rights, Orders Deepfake Takedown    

Supreme Court: Earning Interest on a Bank Deposit Does Not Make it a Commercial Purpose - (20 Mar 2026)

CONSUMER

Supreme Court held that earning interest on bank deposits does not by itself make a transaction “commercial” or exclude one from being a consumer; only deposits directly linked to profit-making, such as leveraging business or credit facilities, qualify as commercial use.

Tags : INTEREST   BANK DEPOSIT   COMMERCIAL PURPOSE  

Share :        

Disclaimer | Copyright 2026 - All Rights Reserved