1991 (12) TMI 45

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....risation under section 132(1) of the Income-tax Act, 1961, against the petitioners and had also issued restraint orders under section 132(3). These restraint orders were in respect of refunds which were to be made by the petitioners to the persons enumerated in the list running in 29 sheets. These refunds were because of oversubscription to the shares which have been offered to the public by the p....