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2000 (7) TMI 1004 - AT - SEBIExtract: .......oney. The liability to refund the money is now on them. The appellants are not out of the reach of section 11B and the respondent is not short of power to reach them. 77. For the reasons discussed above, I have no hesitation to hold that the impugned order is legally valid and there is no merit in the appeals. The appeals are accordingly dismissed.
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