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1987 (2) TMI 427 - HC - Companies LawExtract: .......w the facts that very small amounts were given to numerous persons, under a bona fide belief, in my opinion, the interest of justice will be fully met if the amount of penalty is reduced by Rs. 1 lakh. With these observations, the appeal is partly accepted. The amount of penalty imposed by the Department on the appellant is reduced to Rs. 1,82,500.
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