Kotak Mahindra Bank — wrong case filed under section 138 of negotiable instruments act

Address:

Mumbai City, Maharashtra, 400015

Our company m/s skf exports based in mumbai has taken a business loan under agreement number csg[protected] dated 26/10/2016 for rs 1480000/- for a period of three years. Emi per month is rs 53877/- which is deducted by ecs through the cheques of tamilnad mercantile bank limited sewri mumbai branch. Due to gst being introduced some of our emi had bounced and immediately after knowing so or getting intimation from bank we have paid the emi through neft from our account in tmbl bank no [protected]. Till date all the emi have been paid late or on time.in november 2018 one emi bounced and so in feb 2019 we were surprised to receive a loan recall letter dated 12/02/2019 to pay the entire balance of 516833/- alongwith interest. Immediately we contacted the bank and requested the bank to give time and on receiving the time we made the payment by neft on 10/12/2018. Similarly the emi of feb 2019 bounced on 10/2/2019 and we immediately paid the same by neft on 21/2/2019.
To our surprise we received an arbitration notice from c. Prasanna venkatesh on 08/03/2019 asking us to appear in chennai on 11/03/2019 to argue for interim order to confiscate our movable properties. We immediately replied to them 0n 09/03/2019 to give a fresh date as it would not be possible for us to reach chennai in such a small notice of three days. Again on 22/03/2019 i received an interim order on 22/03/2019 that one court receiver would confiscate our movable property if we do not come on 25/03/2019 to chennai.
Again we wrote a letter to the arbitrator at chennai through our advocate mr prerak sharma to give time till april to appear. But no reply received from them. Then i received a letter from advocate k. M padhiyar ahmedabad that one cheque no 121043 had bounced for rs 107750/- on 15/3/2019.
Immedaitelyi replied to advocate kamlesh padhiyar that we had already paid the amoount by neft on 18/03/2019 and 28/03/2019 by neft. I also attached proofs of the banks neft receipts..

But now i am surprised to received by email on 11/09/2019 a form -1 schedule 5 c. P code with no date to appear in ahmedabad addl chief metropolitan magistrate court on 16/09/2019.
My complaint is why am i being harassed by the kotak mahindra bank when all the emi have been paid.in fact the loan is going to end in ocober 2019 meaning only two emi are pending of september and october 2019.