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1960 (7) TMI 61 - MADRAS HIGH COURTExtract: .......ompany could declare the dividend and draw the money; while in the other case it cannot be so done. There is, therefore, no substance in the argument that the enactment is in any way discriminatory. The petition fails and rule nisi is discharged. The petitioner will pay the costs of the respondent. Counsel's fee ₹ 250. Petition dismissed.
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