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2001 (8) TMI 1446 - SECURITIES APPELLATE TRIBUNAL, MUMBAIExtract: .......making public offer under regulation 11(2) as the acquisition was in a preferential allotment. Since the Adjudicating Officer has taken into consideration the relevant factors while deciding the quantum of penalty, I do not consider it necessary to interfere with his decision in this regard. 42. For the reasons stated above the appeal is dismissed.
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