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1992 (8) TMI 171 - CEGAT, MADRASExtract: .......on on market value while fixing the redemption fine for the defects pointed out. Taking into consideration the facts and circumstances of the case and long period for which the goods had been kept, we reduce the redemption fine to Rs. 2,50,000/- (Rupees Two lakhs fifty thousand). Except for the above modification, the appeal is otherwise dismissed.
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