Delhi court sets aside ₹90 lakh award in favour of BMW Financial Services after car buyer contests arbitration proceedings

The petitioner had taken a loan of around ₹95 lakh from BMW India Financial Services to buy a BMW car, which was subsequently auctioned after he could not repay the loan.
Patiala House court
Patiala House court

A Delhi court on Monday set aside a ₹90 lakh arbitral award in favour of BMW India Financial Services Private Limited.

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