X is owner of a vehicle financed by a private finance co. Two nos of EMIs were wrongly credited to someone else's account instead of X's account.
Thereafter X defaulted in three EMIs. The finance company started Arbitration basing on the wrong account of 5 defaulted EMIs instead of 3 EMIs.
Now X filed complaint before Consumer Forum for wrong credit of his EMIs
Whether the arbitration proceeding is maintainable which is based on wrong defaulted amount?