Bankruptcy Act, 1997

 

Bankruptcy Act, 1997

 

Section-28(b)

In an application under
Section 28(b) of the Act the defendant in a bankruptcy suit must undisputedly
satisfy the Court that he has sufficient ability to repay the debts for which
he stands guarantee on behalf of the loanee and that he is not a willful
defaulter. Merely because he stands as guarantee he is not entitled to an order
for dismissal of the suit. 5

Emdadul Haque Bhuivan
Vs. Bankruptcy Court & Ors 8 BLT
(AD)-175.