Director of the Company or its
Auditors. The bank officials processed OD facility with the business
transaction which is reflected in the bank statement ... ease out the financial crunch faced by the Company, OD facility was
granted. Prior to granting of OD facility, this glossy printed unsigned
balance sheet
Director of the
Company or its Auditors. The bank officials processed OD facility with
the business transaction which is reflected in the bank statement ... OD facility and granted the same
and later, renewed the facility. It is not in dispute from the year 2006-10,
the OD lone availed
OD account of Respondent No.5. On 13 September
2023, Respondent No.5 issued request for debit freeze in respect of the
OD facilities. According ... OD account. The borrowers have
taken disadvantage of this insignificant differential amount in the OD
facility account, which was frozen on receipt of disbursal from
Gunde Gowda was OD or take over loan for
which he has deposed of it being extended OD facility. During
the course of his cross ... OD limit
without obtaining necessary documents is to be considered. As
per her submission the accused No.1 had enhanced the OD
facility without there
remaining amount. The
appellant just stated that he had two OD facilities of Rs.50
lac and Rs.200 lac with HDFC bank ... agricultural
income. This loan was given on 14.06.2017 by using her OD
facility with Kotak Mahindra Bank.
10.2 The AO held that the above documents
original cheque, cheque return memo, letter of revival,
request for OD facility etc., as Ex.P2 to P14. But in these
documents, admittedly there ... defendant. Therefore, at the time of Ex.P5 OD facility
obtained by the 1st defendant from the plaintiff bank, the 3rd
defendant
lakhs from the plaintiff on 5-
10-2021 and OD facility of Rs. 5 lakhs on 29-10-2021, which
was enhanced ... defendant to the plaintiff towards the term loan and OD
facility is Rs. 16,55,855 and hence for recovery of the said
sum along
plaintiff bank proves that the
defendant No.2 had availed OD facility of
Rs.5.00 Lakhs by executing necessary
documents?
2. Whether the plaintiff ... cross examination, it is forthcoming that, the
defendants availed OD facility in the year 2020 April, Ex.P1 is the
loan application
term loan
and 12% p.a. on the OD facility, compounded monthly.
3 Com.O.S.No.1191/2022
2. The plaintiff's case ... EMIs of Rs.8,517/- commencing from 28.02.2017 and OD facility
of Rs.10,00,000/- on 03.04.2018 by executing composite
hypothecation agreement to repay
unaffected by the renewal of
limit. Likewise on 27.03.2014, 22.06.2015, the OD facility
was renewed ... pronote, cash credit
agreement and supplemental
agreement in respect of the OD
facility dated 07.01.2008 till
22.06.2015?
2. Whether the plaintiff proves that
