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1936 (11) TMI 30 - HIGH COURT OF LAHOREExtract: .......out any trust; it was a simple case of deposit by an employee with his employer as security for his good behaviour. In my opinion therefore the depositors must be deemed to be the creditors and the depositee as the debtor, and the relationship of beneficiaries and trustee does not exist in their case. I accordingly dismiss this petition with costs.
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