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2010 (11) TMI 1056 - DELHI HIGH COURTExtract: .......ection 15(1) that the asset reconstruction company or the securitisation company must purchase at least 75 or more of the secured assets of a Sick Industrial Company before it can claim to bring into effect the second proviso to Section 15(1). ( 13. ) In view of the above, the writ petition is dismissed, leaving the parties to bear their own costs.
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