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1999 (10) TMI 656 - HIGH COURT OF PUNJAB AND HARYANAExtract: ....... application monies in the nature of a trust fund which has been erected by the statute for the protection of persons who pay the money on the faith of a promise of refund, in case certain conditions are not fulfilled. 21. For the aforesaid reasons, we do not find any merit in this writ petition and the same is hereby dismissed. Petition dismissed.
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