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2011 (11) TMI 623 - SECURITIES APPELLATE TRIBUNAL MUMBAIExtract: ....... grant exemption to an acquirer from the provisions of the takeover code post acquisition. In the result, the appeal is allowed, order dated January 28, 2010 set aside and prayers (i), (iii) and (iv) in para 6 of the memorandum of appeal granted. Consequently, the order dated July 19, 2011 has become infructuous. Parties shall bear their own costs.
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