that policy
commercial organisation is protecting its assets and
hence, taking policy for protecting assets of commercial
organisation is certainly a commercial activity ... commercial activity."
Thus taking insurance policy for protecting the property
or interests of commercial organisation is part of
commercial activity. It was observed
that it was for any commercial
purpose or that the complainant is engaged in any commercial activity in real estate.
Therefore complaint could not have ... otherwise engaged in any commercial activity. In the present case, we find no
business or commercial activity of the complainant at all, so no question
that policy
commercial organisation is protecting its assets and
hence, taking policy for protecting assets of commercial
organisation is certainly a commercial activity ... commercial activity."
Thus taking insurance policy for protecting the property
or interests of commercial organisation is part of
commercial activity. It was observed
that policy
commercial organisation is protecting its assets and
hence, taking policy for protecting assets of commercial
organisation is certainly a commercial activity ... commercial activity."
Thus taking insurance policy for protecting the property
or interests of commercial organisation is part of
commercial activity. It was observed
they purchased
the industrial units, for the purpose of running commercial activity, on a large
scale, for earning huge profits. It was stated that ... very
well be said, that the same was purchased for running commercial activity, on a
large scale, for earning huge profits. He further submitted that
insurance coverage was obtained for commercial activities and the complainant is earning huge profits from such commercial activities and therefore the complainant ... insurance coverage was obtained for commercial activities and the complainant is earning huge profits from such commercial activities and therefore the complainant's case
allotted the unit, in dispute, for the purpose of running commercial activities,
for earning profits, and not for earning her livelihood, by way of self ... that the complainant never purchased the unit, in
question, for running commercial activity, on a large scale, with an intention
to earn profits. He further
complainants were
allotted the unit, for the purpose of running commercial activities, for
earning profits, and not for earning their livelihood, by way of self ... submitted that he never purchased the unit, in question, for running commercial
activity, on a large scale, with an intention to earn profits. He further
case was whether investment in an UTI Scheme would come under commercial activities. After a detailed discussion the Hon'ble Commission held that investing ... carrying out any commercial activity. He only invests the amount. The bank or the UTI may be carrying on commercial activity with the funds invested
that policy
commercial organisation is protecting its assets and hence, taking policy
for protecting assets of commercial organization is certainly a commercial
activity. We find ... activities/services
are commercial or not. If end user is individual, it is not commercial. If it
is organisation, then it is commercial activity