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    <title>1948 (12) TMI 12 - FEDERAL COURT</title>
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    <description>The Federal Court upheld the High Court&#039;s decision that the properties were acquired with Sundaram Ayyar&#039;s funds and were benami transactions in Akilandammal&#039;s name. The settlement deed was deemed void, and the properties were declared part of Sundaram Ayyar&#039;s estate. The defendants&#039; suppression of evidence led to an adverse inference against them. The principle of not disturbing lower courts&#039; concurrent findings was upheld, leading to the dismissal of the appeal.</description>
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    <pubDate>Thu, 16 Dec 1948 00:00:00 +0530</pubDate>
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      <title>1948 (12) TMI 12 - FEDERAL COURT</title>
      <link>https://www.taxtmi.com/caselaws?id=199613</link>
      <description>The Federal Court upheld the High Court&#039;s decision that the properties were acquired with Sundaram Ayyar&#039;s funds and were benami transactions in Akilandammal&#039;s name. The settlement deed was deemed void, and the properties were declared part of Sundaram Ayyar&#039;s estate. The defendants&#039; suppression of evidence led to an adverse inference against them. The principle of not disturbing lower courts&#039; concurrent findings was upheld, leading to the dismissal of the appeal.</description>
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      <pubDate>Thu, 16 Dec 1948 00:00:00 +0530</pubDate>
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