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Showing contexts for: dmi finance in Komal Narula vs Dmi Finance Pvt. Ltd & Anr. on 15 July, 2021Matching Fragments
4. The petitioner has assailed the impugned award on the ground as set out in Section 34(2)(a)(iii) of the A&C Act - that the petitioner was not given a proper notice of appointment of the Arbitral Tribunal or of the arbitral proceedings and, was unable to defend the case.
Factual context
5. DMI Finance (hereinafter 'respondent no. 1') is registered as a non-banking finance company with the Reserve Bank of India (RBI) and DMI Housing (hereinafter 'respondent no. 2') is registered as a housing finance company with the National Housing Bank. The respondents are companies of the same group with a common management.