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2011 (5) TMI 1101 - AT - SEBIExtract: .......However, the amount of penalty is reduced to ₹ 25 lacs. There will be no order as to costs. Justice N.K. Sodhi, Presiding Officer. - I have gone through the order prepared by the learned Member and I agree that the appellant is guilty of violating the code of conduct as alleged and that the penalty be reduced to ₹ 25 lacs. I also agree.
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