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1929 (1) TMI 2 - PRIVY COUNCILExtract: .......eems to me that as they are to hold the fund in readiness to meet some particular liability which is specified, it cannot be said to be part of their business as a bank to invest these liquid assets in the interval. I think therefore the decision of the Commissioner was right. We think the bank must pay ₹ 250 for the Commissioner's costs.
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