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2012 (6) TMI 751

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....uperintendent (AR) JUDGEMENT Per: M. Veeraiyan Heard both sides on the stay petition 2. The appellant claims that there was a flood on 25.10.2005 and raw materials, fabrics and sacks totally valued at about Rs. 97 lakhs was damaged and out of which the appellant could salvage goods valued about Rs. 20 lakhs. Evidence has been produced that the appellants have claimed insurance and rece....