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2003 (4) TMI 407 - HC - Companies LawExtract: .......tion 22 of SICA and also keeping in mind the intention of the Legislature in amending the section, it is not possible to accept the submission of Mr. Chinoy that the arbitration proceedings under the Arbitration Act, 1996 are covered by the terms suit use in section 22(1) of the SICA. 25. In the result, the Appeal fails and is dismissed with costs.
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