Though my question stands on its own, here is a brief overview of a well-explored question, the Lewis-Tolman Lever Paradox, which I think might be helpful in finding the resolution to my question. The Lewis-Tolman Lever Paradox has been stated as follows :
When a rigid right-angled lever experiences equal and opposite torques as measured by an observer O′ at rest with respect to the lever in frame S′, the usual transformation of these torques to another Lorentz frame S makes it appear that the torques are not balanced for an observer O at rest in S.... The consensus among textbook authors is that a net torque does exist on the lever according to the general Lorentz observer.
Reference: http://scitation.aip.org/content/aapt/journal/ajp/38/3/10.1119/1.1976326
Consider an elastic rod attached to a small sphere of charge $q$ at one of its endpoints and to an identical sphere at the other end. In a frame $O$, the entire system is at rest and in equilibrium. The system lies in the $XY$ plane and the axis of the rod makes an angle $\theta$ with the positive direction of the $x$ axis. In this situation, the force on one of the spheres is $\textbf{F} =$ $F \cos\theta$ $\hat{i}$ $+ F\sin \theta$ $\hat{j}$ and that on the other is $-\textbf{F}$. Both of the forces, of course, pass through the center of the corresponding spheres and also lie along the axis of the rod. The length of the rod is $l$. The endpoints of the rod can be identified as $(0,0)$ and $(l\cos\theta,l\sin\theta)$ respectively. Notice that this is the length in the equilibrium position in the rest frame $O$. It is clear that an analysis done in the frame of $O$ suggests that the rod should be stretched but not bent.
Now I choose a frame of reference $O'$ with its spatial axes being parallel to those of $O$ as observed at any instant by $O$. $O'$ is moving along the positive direction of the $x$ axis with a speed $v$ as observed by $O$. The rod, as observed by $O'$ at any particular instant, will be a rod with its end-points at $(-vt',0)$ and $(-vt'+l\sqrt{1-v^2}\cos\theta, l\sin\theta)$, i.e., the axis of the rod makes has a slope $\dfrac{1}{\sqrt{1-v^2}} \tan\theta$.
Now, the force transformation laws between two inertial frame suggest
$F_{y'} = (F \sin \theta ) \sqrt{1-v^2}$ and $F_{x'} = F \cos\theta $ , i.e., the direction of the force makes a slope $\tan\theta \sqrt{1-v^2}$.
Thich means that the forces should bend the rod as judged by $O'$. Because at every instant the line of action of the forces does not coincide with the axis of the rod. This contradicts the judgement reached by an analysis done in frame $O$. Thus, the paradox.