Good interpretation of unfair unilateral Arbitration clause. The clause is often abused by dominant parties to unfairly pressurise the other party. A landmark judgment of Hon'ble Supreme Court to stop the abuse of law by some NBFCs and credit card companies etc.
SIRJI I HAVENT BEEN ABLE TO PAY MY EMI OF BAJAJ FINANCE FOR PAST TWO MONTHS AND THEY HAVE UNILATERALLY APPOINTED AN ARBITRATOR FORCEFULLY THOUGH I HAVE REPLIED ON EMAIL TO BAJAJ THAT I DONT ACKNOWLWDGE HIM AND ASKED THEM A LOT OF QUESTIONS WHICH THEY HAVENT REPLIED YET. SHOULD I ATTEND THE ARBITRATION PROCESS OR NOT ?
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Good interpretation of unfair unilateral Arbitration clause. The clause is often abused by dominant parties to unfairly pressurise the other party. A landmark judgment of Hon'ble Supreme Court to stop the abuse of law by some NBFCs and credit card companies etc.
SIRJI I HAVENT BEEN ABLE TO PAY MY EMI OF BAJAJ FINANCE FOR PAST TWO MONTHS AND THEY HAVE UNILATERALLY APPOINTED AN ARBITRATOR FORCEFULLY THOUGH I HAVE REPLIED ON EMAIL TO BAJAJ THAT I DONT ACKNOWLWDGE HIM AND ASKED THEM A LOT OF QUESTIONS WHICH THEY HAVENT REPLIED YET. SHOULD I ATTEND THE ARBITRATION PROCESS OR NOT ?
Not required to attend. File a petition in Court for termination of mandate of Arbitrator
Dear Ramana. If a company has put named sole arbitrator in abitration clause in employment contract, can you challenge that appointment ?
Yes you can
thanks a lot Sir :)