PIL seeks action against US auto firm
The petitioner alleged that Bush Hog committed a financial fraud to the tune of hundreds of crores of rupees in Karnataka by duping ANZ International Manufacturing Pvt Ltd at Dobbspet.
Hearing the PIL filed by Karunada Sene, a Kannada organisation, the division bench headed by PD Dinakaran asked the petitioner to approach a single bench seeking alternative remedy.
According to the petitioners, Bush Hog had entered into an agreement with ANZ International Manufacturing Pvt Ltd in Dobbspet regarding the purchase of multi-utility vehicles (MUV). Bush Hog had agreed to buy 10,000 MUVs per year from ANZ. After the agreement, ANZ had borrowed a loan of Rs 56 crore from Canara Bank. However, Bush Hog, owned by the famous industrialist Henry Crown’s family, refused to buy MUVs, causing ANZ to shut down its operations at Dobbspet and lay off over 900 workers.
The Centre has not taken any steps to prevent trade terrorism by greedy merchants like Bush Hog, which is ruining India’s economic stability, the petitioner said.
The petitioner has asked the court to direct the external affairs ministry to lodge its protest via an apt forum.
Source: Indian Express
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