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1980 (6) TMI 107 - HC - Companies LawExtract: .......ot possible to believe that the transaction was one made bona fide and in the ordinary course of business. Issue No. 1 has, therefore, to be answered in the affirmative. In the circumstances, the relief prayed for has to be granted, and it is hereby ordered that the two mortgages in question are invalid and are void against the official liquidator.
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