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Heard learned counsel on both sides.
Court in Ponni Sugars and Chemicals Limited [supra]. On the merits of the case, it is made clear that all the contentions of the parties are expressly kept open.
The civil appeal, accordingly, stands disposed of with no order as to costs. ......................J. [S.H. KAPADIA] ......................J. [AFTAB ALAM] ......................J. [SWATANTER KUMAR] New Delhi, January 12, 2010.