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2012 (7) TMI 1051 - SECURITIES APPELLATE TRIBUNAL, MUMBAIExtract: ....... Board it must give reasons for taking such a decision. Non speaking order denies a party to avail effective appellate remedy. We, therefore, set aside the impugned order and remand the matter to the Board for passing a speaking order on the request of the appellant expeditiously. The appeal stands disposed of accordingly with no order as to costs.
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