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2009 (5) TMI 974 - HC - Companies LawExtract: ....... defendant No. 1 only qua the same inasmuch as the defendant No. 1 having already initiated arbitration proceedings and the same having been pleaded by the plaintiff himself, the alternative remedy for seeking the said relief is also found to be the arbitral tribunal only. 22. The suit as filed is thus found to be not maintainable and is dismissed.
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