A company is pulling me into an Arbitration. The company itself is in the default list of companies, they have not filed AGM or Anual Ballance sheet etc. for few years. Can such a company even have any rights to go do any legal action like this. Can that be grounds to dismiss the Arbitrtion process.
3 Answers from Attorneys
Dear Sir / Madam,
The Company pulling you into arbitration has nothing to do with the Company not filing their Annual Accounts, as these are two entirely separate issues and cannot be grounds for dismissing the arbitration process.
At the most it could be one of the objection as to the locus standi of the person claiming to be the authorised represented of the company
Just because company is guilty of not filing its returns does not take away its rights, similar to a person who may have committed multiple crimes, that does not mean he can not have any defense for new criminal actions initiated against him, or it also does not take away his right to initiate criminal action against the same person or a third party.
Related Questions & Answers
I am in the USA. I had a problem with a company in India and the company is trying... Asked 5/20/13, 2:07 pm in India General Civil Litigation
At the time of giving loan to borrower, an affidavit on Rs. 10/- non judicial stamp... Asked 5/18/13, 1:23 am in India General Civil Litigation
I had sold shares in physical form before 10 years but till date that was not... Asked 5/17/13, 1:30 am in India General Civil Litigation
My father ran away from his home when he was a child from his village because they... Asked 5/11/13, 6:30 am in India General Civil Litigation
Hi my grand mom has made a will for her share of property which she got from her... Asked 5/10/13, 2:23 am in India General Civil Litigation