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2005 (11) TMI 251 - HC - Companies LawExtract: ....... subsequent registration after his first registration, the said fees has to be refunded to him by the SEBI forthwith. Paragraph of Part A of the Circular, dated 28-3-2002 issued by the SEBI and any other part of the Circular inconsistent with section 12(1) as interpreted by us is hereby quashed. 32. The appeal is allowed with no orders as to costs.
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