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The High Court dismissed a counter-claim over a disputed company name change, bank account opening, and alleged fraud for lack of proof.
The High Court dismissed a claim over undisclosed bank accounts, holding the plaintiff had knowledge of the accounts and failed to prove negligence or loss.
The 6th defendant (NBC) did not act fraudulently or negligently in opening the accounts or processing the withdrawals; the plaintiffs failed to exercise prudence and diligence in their business dealings, and no evidence was adduced to support the claim for general damages. The plaintiffs have no cause of action against the 6th defendant.
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