A Jaipur Court had issued Arrest Warrants against Porsche Global CEO Matthias Mueller and other 8 board Members.The arrest warrant was issued on the basis of a criminal case filed by the Precision cars which was the sole importer of Porsche cars in India.The Court order was issued on November 5 2012.
Local and Central Bureau of Investigation approached Interpol for help.Because the persons involved in the Arrest Warrants were based in Germany and USA.Precision Cars filled cased against Porsche with many Charges.They are cheating,extortion, dishonestly inducing delivery of property, criminal breach of trust and criminal conspiracy.Porsche India didn’t comment on this matter.
All these disputes started when Porsche India appointed Volkswagen Group Sales India on April as its importer for all Porsche cars sold in India.While Precision Cars were Porsche Importer for 8 years.Precision cars have also filed various cars against Porsche on different places in India.
A spoke person of Precision car said to Hindustan Times that “We have always made bona fide efforts to sort out the issues with Porshce, but they have not given any support in resolving these issues.a spokesperson for Precision Cars India said. “We were left with no choice but to pursue the matter legally.”
source : Hindustan Times
Local and Central Bureau of Investigation approached Interpol for help.Because the persons involved in the Arrest Warrants were based in Germany and USA.Precision Cars filled cased against Porsche with many Charges.They are cheating,extortion, dishonestly inducing delivery of property, criminal breach of trust and criminal conspiracy.Porsche India didn’t comment on this matter.
All these disputes started when Porsche India appointed Volkswagen Group Sales India on April as its importer for all Porsche cars sold in India.While Precision Cars were Porsche Importer for 8 years.Precision cars have also filed various cars against Porsche on different places in India.
A spoke person of Precision car said to Hindustan Times that “We have always made bona fide efforts to sort out the issues with Porshce, but they have not given any support in resolving these issues.a spokesperson for Precision Cars India said. “We were left with no choice but to pursue the matter legally.”
source : Hindustan Times
