“The said definition shows that before a person can be said to be a dealer it must be shown that he carries on business of purchase or sale or storage for sale of any of the commodities specified in the Schedule, and that the sale must be in quantity of 100 mds. Or more at any one time. It would be noticed that the requirement is not that the person should merely sell, purchase or store the food grains in question, but that he must be carrying on the business of such purchase, sale, or storage; and the concept of business in the context must necessarily postulate continuity of transactions. It is not a single casual or solitary transaction of sale, purchase or storage that would make a person a dealer. It is only where it is shown that there is a sort of continuity of one or the other of the said transactions that the requirements as to business postulated by the definition would be satisfied. If this element of the definition is ignored, it would be rendering the use of the word “business” redundant and meaningless. It has been fairly conceded before us by Mr. Khanna that the requirement that the transactions must be of 100 mds. Or more at any one time governs all classes of dealings with the commodities specified in the definition. Whether it is a purchase or sale or storage at any one time it must be of 100 mds. Or more. In other words, there is no dispute before us that retail transactions of less than 100 mds. Of the prescribed commodities are outside the purview of the definition of a dealer.”
