Querist :
Anonymous
(Querist) 16 June 2011
This query is : Resolved
A distributer gives two lacks rupees as security money to a company ............for getting Agency.
question - Is that given security money comes under consumer protection act.
prabhakar singh
(Expert) 16 June 2011
A distributer gives two lacks rupees as security money to a company ............for getting Agency.
YOUR question - Is that given security money comes under consumer protection act. MY ANSWER: NO,NOT AT ALL,AS YOUR DEPOSIT IS IN RELATION OF BUSINESS AND NOT AS CONSUMER. ASK FOR RULINGS FROM ONLY THOSE PEOPLE WHO ANSWER IN AFFIRMATIVE TO YOUR QUESTION.
M.Sheik Mohammed Ali
(Expert) 16 June 2011
yes,its not comes under consumer protection act, you can file individually money suit.
Kiran Kumar
(Expert) 16 June 2011
its a commercial transaction and the CPA, 1986 specifically excludes commercial transactions from the purview of consumer courts.
go for civil suit.
Uma parameswaran
(Expert) 16 June 2011
A person is not a consumer who purchased goods for resale or for commercial purpose.
Advocate Bhartesh goyal
(Expert) 16 June 2011
yes,Mr Kiran is absolutely right.I agree with him.
Devajyoti Barman
(Expert) 16 June 2011
Yes the commercial nature of the deal does not make this come within the purview of the CP Act.
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