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1960 (4) TMI 96 - MADRAS HIGH COURTExtract: .......those relating to the applicability of the Public Companies (Limitation of Dividends) Ordinance, 1948, and the third Public Companies (Limitation of Dividends) Act, 1949. We answer the third question in the negative, and in favour of the assessee. The assessee will be entitled to its costs. Advocates fee ₹ 250. Questions answered accordingly.
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