Arbitration
Querist :
Anonymous
(Querist) 28 January 2018
This query is : Open
1.One private finance company has put my name in place of guarantor and sending me notice to repay the car loan taken by some un known person.
2. When I came to know, I reply to the advocate of company that I never give any gurantee to the said person.
3. Meanwhile I received a notice from finance company about appointment of an arbitrator I replied that I am not a party as I never give any document or my concern for any loan or guarantee. but just after 5 to 7 days I received a letter from arbitrator that he put hearing of above case at *th feb and ask to appear me in personal or trough counsellor. If I not appear before him he will pass an ex party order.
My questions are
1. Should I appear before arbitrator even I am not a party as I never give any gurantee of above said loan?
2. If arbitrator pass any order against me than how and where can I challenge his order?
3. Can I deny to appear before him?
4. What action can I take against finance company and borrower also?
5. How can I take stay against arbitration procedure?
6. any other remmedy?
7. What I have to do now?
