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    <title>2004 (2) TMI 355 - HIGH COURT OF MADRAS</title>
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    <description>The court dismissed the writ petition challenging the rejection of a stock exchange listing application. The petitioner&#039;s failure to submit required documents within the specified timeframe was deemed crucial in the rejection by multiple stock exchanges. Despite arguments regarding denial of opportunity, the court emphasized that the delay in document submission was the primary reason for the rejection. The court highlighted that non-compliance with procedural requirements outweighed issues of natural justice, leading to the dismissal of the petition but allowing the petitioner to reapply following proper procedures.</description>
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      <link>https://www.taxtmi.com/caselaws?id=109358</link>
      <description>The court dismissed the writ petition challenging the rejection of a stock exchange listing application. The petitioner&#039;s failure to submit required documents within the specified timeframe was deemed crucial in the rejection by multiple stock exchanges. Despite arguments regarding denial of opportunity, the court emphasized that the delay in document submission was the primary reason for the rejection. The court highlighted that non-compliance with procedural requirements outweighed issues of natural justice, leading to the dismissal of the petition but allowing the petitioner to reapply following proper procedures.</description>
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