Bogus Arbitration in India

Bogus Arbitration in India.

       Recently, it came to notice during study of dozens of Legal cases especially relating to Arbitration by Financial companies, including big names like - H**C/ H*B/ I****b***S/ T**a/ , It was observed that. When a borrower who had defaulted in paying some installments for loan taken for purchase of Vehicles / trucks / tractors etc. And the said vehicle is seized forcibly, without any notice, and then some exorbitant amount is claimed after forcible seizure and if borrower fails to pay that amount , the vehicle is sold at throw away price and then the deficit amount is again claimed from the poor borrower.. This is absolute tyranny and injustice.. That, when the notice of recovery of deficit amount comes to borrower , he at best approach the Consumer Forum. There the first defence of Finance companies is that - they had already commenced Arbitration, and Final award is already passed " prior to Filing of Consumer complaint". This is a sheer trick, played by finance companies.

      In such case- the finance company only submits a copy of Arbitration award and an affidavit to make it feel like real. In case, the Borrower is confident that there was no such award or proceedings till date if filling if Consumer case, then the award needs to be disputed as non- est and nullity, and the finance company be asked to produce complete record of alleged Arbitration Proceedings Before the forum. Especially notices, acknowledgement of Notice under sec. 21, of Arbitration Act. Proper conduct of arbitration hearings, notices from Arbitrator etc. So that the forum doesnot reject the case , in view of some bogus and back dated Arbitration Awards,which are very much available to the finance companies. A person called Anis Ah***, who operate from Mumbai / Chennai /Delhi, do sign and prepare back- dated , Interim and Final awards as per requirement of Finance companies. It is a fraud on judicial system. But takes time to detect.

      In such cases, the Borrower must not let the Consumer case dismiss, and seek time from the forum, to approach District Judge under sec. 34 for getting the bogus and false award set - aside.. Once that is done in 6-8 months period, the Consumer case can resume. So don't let your claims before forum be rejected, till then..

Jiddu . Krishnamurti - On Insight:-

Insight is not an act of remembrance, the continuation of memory. Insight is like a flash of light. You see with absolute clarity, all the complications, the consequences, the intricacies. Then this very insight is action, complete. In that there are no regrets, no looking back, no sense of being weighed down, no discrimination. This is pure, clear insight - perception without any shadow of doubt. Most of us begin with certainty and as we grow older the certainty changes to uncertainty and we die with uncertainty. But if one begins with uncertainty, doubting, questioning, asking demanding, with real doubt about man's behaviour, about all the religious rituals and their images and their symbols, then out of that doubt comes the clarity of certainty.

Bron: Krishnamurti to Himself, Ojai California, Wednesday 20th April, 1983

"If you begin to understand what you are without trying to change it, then what you are undergoes a transformation."
"The little book on LIVING: J.Krishnamurti.", published Montville (Queensland)
" ...In our relationship with children and young people, we are not dealing with mechanical devices that can be quickly repaired, but with living beings who are impressionable, volatile, sensitive, afraid, affectionate; and to deal with them we have to have great understanding, the strength of patience and love... "
J. Krishnamurti

"Do not think about yourself, but be aware of the thought, emotion, or action that makes you think of yourself."

"The little book on LIVING: J.Krishnamurti.", published Montville (Queensland)
"Why do you want to read others´ books when there is the book of yourself?"
"The little book on LIVING: J.Krishnamurti.", published Montville (Queensland)
For the total development of the human being, solitude as a means of cultivating sensitivity becomes a necessity. One has to know what it means to be alone, what it is to meditate, what it is to die; and the implications of solitude, of meditation, of death, can be known only by seeking them out. These implications cannot be taught, they must be learnt. One can indicate, but learning by what is indicated is not the experiencing of solitude or meditation. To experience what is solitude and what is meditation, one must be in in a state of inquiry; only a mind that is in a state of inquiry is capable of learning. But when inquiry is suppressed by previous knowledge, or by the authority and experience of another, then learning becomes mere imitation, and imitation causes a human being to repeat what is learnt without experiencing it.
From the Book, "Life Ahead" by Krishnamurti
"The mind has to be empty to see clearly."
"The little book on LIVING: J.Krishnamurti.", published Montville (Queensland)
"If you lose touch with nature you lose touch with humanity. If there's no relationship with nature then you become a killer; then you kill baby seals, whales, dolphins, and man either for gain, for "sport," for food, or for knowledge. Then nature is frightened of you, withdrawing its beauty. You may take long walks in the woods or camp in lovely places but you are a killer and so lose their friendship. You probably are not related to anything to your wife or your husband "
J.Krishnamurti
from - Krishanmurti's Journal -04 April 1975
"Truth is more in the process than in the result."
"
1

Hey Welcome to Sagar's webpage.
I will keep updating this page,, profounding it will contain acute philosphical contemplations, so beware.