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    <description>A contractual dispute governed by an arbitration clause was not taken up under Article 226, as the writ court found that the parties should pursue the agreed dispute-resolution mechanism instead of invoking writ jurisdiction. The court noted that the petitioner could seek appointment of an arbitrator and, if required, interim relief before the competent civil court under the arbitration framework, subject to any leave requirement arising from liquidation proceedings. To preserve the subject matter and the existing security arrangement, the court continued interim status quo protection for a limited period while the petitioner was allowed time to approach the appropriate forum.</description>
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