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1990 (1) TMI 276 - HC - VAT and Sales TaxExtract: .......porations Act under which the transfer is made by the KSFC in the capacity of a deemed owner which status is conferred on the KSFC to takeover the possession of the industrial concern and all its assets. For the reasons stated above, the contentions of the petitioner must fail and the writ petition is accordingly dismissed. Writ Petition dismissed.
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