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1997 (5) TMI 221 - CEGAT, NEW DELHIExtract: .......ll is a measure of the gravity of the offence and has to be commensurate with that. I therefore reduce the penalty to Rs. 20,000/- (Rupees Twenty Thousand only). Redemption fine is reduced to Rs. 15,000/- (Rupees Fifteen Thousand only). 7. emsp Subject to modifications as set out above, the appeal is otherwise rejected and impugned order is upheld.
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