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    <description>The court dismissed the writ petition, emphasizing the availability of an alternative statutory remedy through the Securities Appellate Tribunal and the Supreme Court. The court considered principles of natural justice, noting that the petitioner was given a fair opportunity to present his case. Despite arguments regarding maintainability, the court held that the petitioner failed to disclose the existence of the statutory appeal initially, leading to the dismissal of the petition and the connected Miscellaneous Petition without costs awarded.</description>
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      <description>The court dismissed the writ petition, emphasizing the availability of an alternative statutory remedy through the Securities Appellate Tribunal and the Supreme Court. The court considered principles of natural justice, noting that the petitioner was given a fair opportunity to present his case. Despite arguments regarding maintainability, the court held that the petitioner failed to disclose the existence of the statutory appeal initially, leading to the dismissal of the petition and the connected Miscellaneous Petition without costs awarded.</description>
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