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2008 (5) TMI 120

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....ondent [Order]. - The Applicant filed this application for waiver of pre-deposit of penalty of Rs. 1,42,259/-. The Applicant is working as 'Direct Marketing Agent' of ICICI Bank and other banks. The Applicant is receiving commission/incentive from the banks for every loan sanctioned by the bank in case of customers sponsored by the applicant. The service rendered by the applicant is under 'Busi....

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