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1988 (2) TMI 254 - HC - FEMAExtract: .......hortage the national economy rdquo . We are bound by the above observations. We feel that we are duty bound to accept that interpretation, which will subserve the conservation of foreign exchange resources. We have, therefore, no hesitation in finding that on the merits as well the appeal deserves to be dismissed. We dismiss this appeal with costs.
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