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1987 (12) TMI 334 - SC - Companies LawExtract: .......ng with the case we may, however, observe that the Registrar of the Firms while taking action against the persons or firms under the Act will take care to see that the members of the scheme are not denied of their contributions or prizes which they are legitimately entitled to, if the prize chit is allowed to run for the full term . Appeal allowed.
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