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1990 (5) TMI 136 - CEGAT, NEW DELHIExtract: .......y, I feel that in the facts and circumstances of the case the redemption fine of Rs. 30,000/- is on excessive side. Thus, taking all the facts and circumstances into consideration I reduce the redemption fine from Rs. 30,000/- to Rs. 15.000/- (Rupees fifteen thousand only). 8. Except with the aforesaid modification the appeal is otherwise rejected.
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