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    <title>2017 (9) TMI 1677 - Supreme Court</title>
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    <description>Judicial restraint was applied where the subject matter was already pending before the NCLT and regulatory action by SEBI remained operative. The Supreme Court declined to interfere with the High Court order and dismissed the special leave petitions, finding it appropriate not to disturb the ongoing adjudicatory process. At the same time, the petitioners were given liberty to raise all issues before the NCLT, subject to objections that may be taken by the parties or the tribunal, preserving their opportunity to pursue the dispute before the proper forum.</description>
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      <link>https://www.taxtmi.com/caselaws?id=273669</link>
      <description>Judicial restraint was applied where the subject matter was already pending before the NCLT and regulatory action by SEBI remained operative. The Supreme Court declined to interfere with the High Court order and dismissed the special leave petitions, finding it appropriate not to disturb the ongoing adjudicatory process. At the same time, the petitioners were given liberty to raise all issues before the NCLT, subject to objections that may be taken by the parties or the tribunal, preserving their opportunity to pursue the dispute before the proper forum.</description>
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