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1994 (10) TMI 174 - CEGAT, MADRASExtract: .......ts and circumstances, I hold that so far as the redemption fine of Rs. 10,000/- is concerned, the same cannot be considered as excessive and I confirm the same. However, I hold that ends of justice would be served if the penalty is reduced to Rs. 3,000/- (Rupees Three thousand). Except for the above modifications, the appeal is otherwise dismissed.
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