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2001 (1) TMI 1019 - SECURITIES APPELLATE TRIBUNAL, MUMBAIExtract: .......d in view of the Supreme Court's guidelines in the Hindustan Steel's case imposition of monetary penalty on the Appellant in my view is unwarranted. 30. For the reasons stated above I am of the view that the order-imposing penalty on the Appellant cannot be sustained and the same deserves to be set aside. I do so. 31. The appeal is allowed.
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