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2013 (2) TMI 471

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..... of judicial review under articles 226 and 227 of the Constitution of India, since a writ court is not to enter into the justifiability of the decision, as an appellate court – Held that:- He has accepted number of additional affidavits on record, recorded observations and issued certain directions, though the solitary grievance was that the SEBI has failed to act appositely on the complaints filed .....

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..... urana, Vinay Tripathi and Jayant Bhatt for the Appearing Parties. JUDGMENT 1. Heard Mr. Soli Sorabjee, learned senior counsel for the appellant in L. P. A. No. 436 of 2010, Mr. Arvind Kumar Nigam, learned senior counsel for the appellant in L. P. A. No. 441 of 2010, Mr. Neeraj Malhotra, learned counsel for the appellant in L. P. A. No. 488 of 2010 and Mr. Amit Sibal, learned counsel for the .....

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..... s, though the solitary grievance was that the Securities and Exchange Board of India has failed to act appositely on the complaints filed by the writ petitioner. 4. In course of hearing of the appeals, it is accepted that two complaints were made to the Securities and Exchange Board of India on June 4, 2007 and July 19, 2007, but no decision or outcome was communicated to the respondent. Thus, i .....

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..... eing influenced by the counter affidavit filed by it in the writ petition. The decision shall be taken after hearing the parties within a period of three months from the date of receipt of the order passed today. It needs no special emphasis to mention that we have not expressed any opinion, even remotely, on the merits of the case. The appeals are accordingly disposed of without any order as to c .....

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