“Consumer” – Commercial purpose – whether the insurance service has a close and direct nexus with the profit generating activity and whether the dominant intention or dominant purpose for the transaction was to facilitate some kind of profit generation for the purchaser and/or their beneficiary – Insured is a commercial enterprise is unrelated to the determination of whether the insurance policy shall be counted as a commercial purpose
SUPREME COURT OF INDIA DIVISION BENCH NATIONAL INSURANCE CO. LTD. — Appellant Vs. HARSOLIA MOTORS AND OTHERS — Respondent ( Before : Ajay Rastogi and C.T. Ravikumar, JJ. ) Civil…