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1952 (7) TMI 7 - HIGH COURT OF PUNJABExtract: .......e when the bank went into liquidation on 1st May, 1949, there was no longer any existing trust. I am therefore of the opinion that the petitioners are not preferential creditors and this appeal must therefore be dismissed and the judgment of the learned Judge affirmed, but there will be no order as to costs in this court. Falshaw, J. mdash I agree.
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