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2004 (2) TMI 366 - HIGH COURT OF PUNJAB AND HARYANAExtract: ....... the affidavit by the petitioner. 8. Shri Ashok Gupta, learned counsel for the bank states that once the payment is received by the bank, all the liabilities of the ex-managing director as well as of the sureties concerned shall be satisfied in view of the one-time settlement arrived at with the bank. 9. C. A. stands disposed of in the above terms.
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