Re: Audition Audio

parvardigar wrote ... 
sample of audio in
http://www.meherbabalibrary.com/Shack/


Looks like ordinary clipping at some point in your chain.
The peaks are chopped of right at -6dBfs.

The voice and the microphone have also teamed up to
create a nasaly-spike that could be tamed with some EQ.

But something is causing that significant clipping and I
would go through the acquisition chain to see if it can
be eliminated. Are you sure the levels are all correct
at the different points in the chain?

If that is the way it is actually recorded on the tape, perhaps Audition/s "Clip Restoration" "filter" could help(?)
.