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How to challenge the notice of Arbitration tribunal of Tata finance?
30-Jul-2023 (In Arbitration Law)
I apply for the lone to purchase a car I approached sub diler of Tata motors at Sholapur the diler contracted with main diler from Tata motors mrvelas motors it located at kolhapur so I submit all documents to diler an paid incial amount down payment after that lone proposal sanctioned the lone amount transfer to main diler marvelous motors by Tata finance directly on their account without my permition after that sub delar closed his show room and run away I didn't get vhichel so contact with main diler he said the down payment was not received to me I delivered the car to sub diler after that I cancel my booking but Tata finance didn't recollect the amount from the main diler they continued lone on me. So how can I pay them I not purched car I didn't get car now they send me arbitration notice of 900000 lack the lone amount is 395000 at the time 2012 so what can I do
Dear Client,
The loan is given by Tata Finance on hupothication of the car. If car is not handed over to you by the dealer and if you are able to prove the same, then you are in a safe zone.
As you have further stated that you have received Arbitration notice, you can reply them in the same faction making the facts clear to them. Also you can file criminal case against the dealer and sub-dealer for cheating under IPC.
Kindly note, even if the arbitration proceedings are initiated, you can contest the same and have a favorable order, provided you have all the necessary documentations to prove your side.
Expert Jurist LLP
Advocates & Solicitors.
The loan is given by Tata Finance on hupothication of the car. If car is not handed over to you by the dealer and if you are able to prove the same, then you are in a safe zone.
As you have further stated that you have received Arbitration notice, you can reply them in the same faction making the facts clear to them. Also you can file criminal case against the dealer and sub-dealer for cheating under IPC.
Kindly note, even if the arbitration proceedings are initiated, you can contest the same and have a favorable order, provided you have all the necessary documentations to prove your side.
Expert Jurist LLP
Advocates & Solicitors.
Helpful?
16+
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Adv. JV Bhosale
Mumbai | 400+ Answers
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Dear Sir,
You may approach the consumer forum against tata motors as the branch office of tata motors was under their supervision and any mistake made at the branch office is the liability of head office they cannot claim the loan amount against you as you have not received the delivery of car.
You may approach the consumer forum against tata motors as the branch office of tata motors was under their supervision and any mistake made at the branch office is the liability of head office they cannot claim the loan amount against you as you have not received the delivery of car.
Helpful?
20+
20+
Adv. Prerna Jain
Navi Mumbai | 100+ Answers
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