https://www.taxtmi.com/caselaws?id=102414 The Commission held that the complainant, as a shareholder who purchased shares, qualified as a consumer under the Consumer Protection Act. They emphasized that purchasing shares involved consideration and entitled the shareholder to benefits, making them a consumer. Citing a previous judgment, the Commission noted that share transfers constituted services, further supporting the complainant's consumer status. Consequently, the Commission allowed the appeal, overturned the District Forum's decision, and remanded the case for reconsideration. The parties were instructed to return to the District Forum for continued proceedings. en-us Fri, 15 Oct 1993 00:00:00 +0530 Mon, 18 Feb 2013 16:41:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=102414 The Commission held that the complainant, as a shareholder who purchased shares, qualified as a consumer under the Consumer Protection Act. They emphasized that purchasing shares involved consideration and entitled the shareholder to benefits, making them a consumer. Citing a previous judgment, the Commission noted that share transfers constituted services, further supporting the complainant's consumer status. Consequently, the Commission allowed the appeal, overturned the District Forum's decision, and remanded the case for reconsideration. The parties were instructed to return to the District Forum for continued proceedings. Case-Laws Companies Law Fri, 15 Oct 1993 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=102414