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1978 (10) TMI 154 - HC - FEMAExtract: ....... and taking of such money and having capacity and entitlement to use it as one's own. 22. By these tests, it cannot but be concluded that there has been a breach of s. 4(1) of the Act and the appeal has no merit. 23. In the result, the appeal fails and is dismissed. 24. Mr. Pathak applies for leave to appeal to the Supreme Court. Leave refused.
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