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Commercial Enterprise is Also a Consumer for Insurance Claims, Rules SC

In a significant ruling, the Supreme Court (SC) says an insurance policy bought by a commercial enterprise cannot be said to have a close nexus to profit-generating activity. The dominant intention of the insurance transaction is not to facilitate some kind of profit generation for the insured. Thus, the commercial enterprise is a consumer under the Consumer Protection Act. The apex court then dismissed an appeal filed by National Insurance Co Ltd. ....

New York , United States , Rajyalakshmi Rao , Justice Ajay Rastogi , Supreme Court , Insurance Co Ltd , National Insurance , United India Insurance Co Ltd , National Insurance Co Ltd , Consumer Protection , Harsolia Motors , New York Mellon , Mutual Fund Returns , Ank Fixed Deposits , Nvestor Returns , Ortfolio Allocation ,

To Industrialist Harsh Goenka Post On Parents, Anand Mahindra's Reply

Industrialist Anand Mahindra responds to a clip shared by Chairman of RPG Group Harsh Goenka on Twitter ....

Tarana Hussain , Rajyalakshmi Rao , Anand Mahindra , Harsh Goenka , Parent Child Relationship ,