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2009 (9) TMI 1064 - AT - SEBIExtract: .......ceeded to decide the appeals on merits. 5. In the result, the appeal fails and the same stands dismissed. Since the appellant in connivance with the finance company had indulged in a fraud which is bigger than the one committed by the appellant in Appeal No. 154 of 2008, the respondent Board shall have its costs which are assessed at ₹ 1 lac.
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