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1998 (7) TMI 496 - CGOVT - Companies LawExtract: ....... of determining the desirability and legality of imposing a penalty on the appellants. We have also held in para 21 above that SEBI rsquo s order to award compensation to UTI lacks in jurisdiction. We do not, therefore, consider it necessary to pass a separate order on the appeal filed by UTI. 27. Both appeals are so decided. SCL q NOVEMBER 5, 1998
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