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1958 (8) TMI 34 - HIGH COURT OF MADRASExtract: ....... it is a comforting thought to us that the defendant has not swindled the institution. On the other hand, he has met his obligation as one of the promoters of the company. The net result of this analysis is that the decision of the court below is irreproachable. The second appeal has got to be dismissed and is hereby dismissed with costs. No leave.
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