Apni Law Staff asked 2 years ago
My business was wronged by a company in Mumbai, and I sought justice through arbitration in early 2012. The court ruled in my favor, but the company, despite being served the order, simply ignored it. They haven’t even responded to my letters. I chose arbitration because it was the fastest way to get my money back, even though it was costly.
However, after all this time, I still haven’t recovered my dues. I’ve discovered that this company and its directors haven’t filed financial statements for years, raising serious red flags. What options do I have now? Should I go back to the High Court? Is this a case of contempt of court? What can be done to hold this company accountable for their actions?
Best Answer
Apni Law Staff answered 2 years ago
You can pursue enforcement of the arbitral award through the High Court in Mumbai, as it has the power to execute such awards. This situation may constitute contempt of court if the company has wilfully disregarded the arbitral order. You can seek legal advice to file a contempt petition against the company and its directors, potentially leading to fines and even imprisonment.
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