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SUMMIT BANK LTD. THROUGH AUTHORIZED OFFICER/ATTORNEYS versus FARHAD


Section 10 bankruptcy petition for defense of the suit was properly filed and needed to be retained because the power of attorney was executed by the president of the plaintiff's bank. Confessed and was regularly paying installments. But due to unforeseen circumstances, he could not make the same payment. The defendant did not discharge his obligation as per his agreement with the plaintiff bank and failed to raise any question about law or fact. That needed some proof. The leave request for defense to be filed was dismissed and the plaintiff's bank case, the circumstances decided

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