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1932 (3) TMI 16 - HIGH COURT OF MADRASExtract: ....... the scheme of the lottery, is acting in contravention of section 294-A. The business at least a very substantial part of it, which it is carrying on is consequently an illegal business and such being the position, the case of In re International Securities Corporation (supra) is good authority for ordering the compulsory winding up of the company.
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