I had taken an emi product
I had taken an emi product
Hello All, In the year 2022, I had taken an emi product of Rs 50000/- from bajaj Finserv in Bangalore. i missed 4 months emi and i recieved arbitation notice from bajaj finserves sole arbitrator. i
9 months ago
A. Dear client,
You will have to revert to the said notice. Kindly contact a good arbitration lawyer to help you place your case in best possible way.
If you ignore, the proceedings shall happen ex-parte. The provision of section 25 of the arbitration and conciliation act makes it clear that the arbitrator may pass order ex parte in the absence of any of the parties to arbitration. You may face the risk of the award being passed against you. Getting that set aside has to be done from High Court whi ...ReadMore
FALSE CASE
SUPPLIER IS TRYING TO IMPLICATE BY GIVING FALSE INFORMTION IN MSME FORUM. WHERE AND HOW DO I REPLY?
9 months ago
A. Dear client,
Please attend the proceedings and explain your stance with the help of a lawyer. Every party hs the reasonable opportunity of being heard. We would advise you to go to the MSME forum when the next proceedings are being held
Arbitration and conciliation act 1996
As after agreement expired arbitration clause sustained and considered as valid so it is essential to issue notice under sec 21 of arbitration act
11 months ago
A. Dear Sir,
Without issuing proper notice to the other side Arbitration proceedings cannot be concluded. If the other side refused to receive the notice then ex-parte orders may be passed by the Arbitrator it is called Award.
M paying my over dues partially since unable to pay one time
I couldn't to pay my credit card dues since I lost my job in 2018..from that time I told them the situation n after that COVID lockdown was implemented....all of sudden on Jan 19th 2023.....collection
11 months ago
A. Remedies against harassment by Recovery Agents
Written By : Kishan Dutt Kalaskar Retired Judge
There are numerous cases of the oppressive and illegal conduct of recovery agents attempting to recover pending dues for the banks' benefit. In the past few years there have been many such instances, to showcase an example, an 81-year-old woman was seriously threatened by recovery agents, she got 375 threatening calls concerning her child's unpaid bank dues. After that, she moved to the police, and a ...ReadMore
A. Dear Client
You will be levid heavy penalties if you have not converted your land. Kindly do transfer your land to the convern authority.
Hope it helps
Scripted cheating by Business Partner
My Business partner along with staff cheated the business such way that, rigged the accounts, not showing the real accounts, records, showing the unwanted expenses, transferred the money from business
1 year ago
A. Dear Client
Your case is very complicated as far as I could understand. You should immediately consult an advocate regarding the case and legally challenge everything.
Hope it helps
Nhai - We have recieved notice with compensation
We have recieved notice with compensation from nhai .for acquisition of land for four lane purpose
1 year ago
A. If you have any issue related to the compensation. Then the same needs to be raised within time frame before the authority.in your notice there is a time frame mentioned. You need to represent with Advocate before the Authority with regards to the compensation issue, if any.
presiding arbitrator - special powers
Does presiding arbitrator has any special powers , if yes how to counter it
1 year ago
A. Dear Client
The presiding power has many special powers as inscribed by Arbitration and Conciliation Act, 1996.
If you think that presiding arbitrator was partial and biased. You can approach court to counter it.
Hope it helps
Creditcard - Hdfc credit card
I took Hdfc credit card 2017 1,00,000 and I paid minimum balance for 4 years after and I stopped because of loss of business I did not pay. For 10 months now they send me arbitration notice what shoul
1 year ago
A. Dear client,
The arbitration clause states that in case of any dispute between the parties(you and the bank), the matter will be settled through arbitration. In other words, neither party can approach the courts for resolution.
Debt arbitrators are trained to negotiate with creditors to arrive at an amicable agreement that is suitable to both the parties. Debt arbitrators can do more than lowering the amount payable. They can help identify points in the financial life that may be considered to ...ReadMore
Sbi credit card arbitration award
I was using sbi credit card in the past which was stopped about 12 years back. Last week I came to know that an arbitration award dated 7th September 2022 was passed for an amount of 347628.85 agains
1 year ago
A. Dear Sir,
Such irregularities being committed by the Bankers and the following for you to go to civil Court or High Court challenging such award.
