Arguments raised are insufficient to have bankruptcy summons dismissed

Bankruptcy - whether the bankruptcy summons issued by the petitioner on the 23rd October, 2017 should be dismissed pursuant to s. 8 (6) of the Bankruptcy Act, 1988 as amended - financial institution offered the respondent certain facilities by letters of loan offer dated 2nd May, 2007 and 30th April, 2008 which were duly accepted by the respondent - petitioner served a particulars of demand and notice requiring payment prior to the issue of a bankruptcy summons on the respondent which was dated the 4th May, 2017 and claimed payment in the sum of €20,025,705.17 - respondent did not pay the sum or any part thereof and the petitioner applied for and was given leave to issue a bankruptcy summons against the respondent on the 23rd October, 2017 - petitioner obtained order for substituted service by ordinary prepaid post - respondent says bankruptcy summons was expired when it was served - Court can extend time pursuant to Order 122, RSC - respondent accepts that there is no issue with the transfer of the loans and security from asset management company to the petitioner - no issue would arise for trial - application to dimiss bankruptcy summons refused.