[Resolved]  Kotak Mahindra Bank — Unfair Arbitration Notice Received From Kotak Mahindra Bank (Personal Loan)

Address:

New Delhi, Delhi

Hello, I have received a Notice from The appointed Sole Arbitrator for initiation of Arbitratin Proceedings in respect of my Personal Loan. The Arbitration is to take place in Chennai, whereas I am based in Delhi. The letter received earlier was from the Law firm asking this arbitrator to invoke the arbitration clause, stating that I had failed to pay back the entire loan amount after two of my EMI's were bounced. However, I had made that payment and got a confirmation from the bank that all is now well. And now after two months, I received this letter.