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2007 (11) TMI 665 - AT - Companies LawExtract: .......e still pending. In this view of the matter, we have no hesitation in setting aside the impugned order qua the appellants which we hereby do leaving it open to the Board to initiate, in accordance with law, disgorgement proceedings against such entities as may become liable to disgorge. The appeals are accordingly allowed with no order as to costs.
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