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1982 (12) TMI 149 - HC - Companies LawExtract: .......t is not possible for us to find any error in the view which the learned judge has taken that the present contract is not governed by the provisions of the Securities Contracts (Regulation) Act, 1956, and is, therefore, not illegal. Consequently, the appeal fails and is dismissed with costs. Prayer for leave to appeal to the Supreme Court rejected.
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