proprietor of M/s. Vee Kay
Pictures and availed temporary overdraft facility from UCO Bank,
chandni chowk branch, Delhi, from time to time ... which was never effected
upon him. Accused claimed that he had temporary overdraft
facility from the bank and this fact was concealed
proved that they had purchased cheques in arbitrary manner and
permitted temporary overdrafts on number of occasions.
5.1 She has also contended that there ... Purchasing cheques beyond discretionary powers/purchasing local
cheques and granting temporary overdraft are inherent in banking
transactions and these did per se amount
Board to request to the
Plaintiff Bank for a Temporary Overdraft (TOD) facility of Rs.
4,25,000/ (Rupees Four Lac Twenty Five Thousand Only ... Plaintiff Bank further stated that as per statement
of account of Temporary Overdraft Loan Account no.
31680600000089 maintained in the normal and usual
course
cheque was
honoured.
4. It is further submitted that a temporary overdraft was created in
the said account of the defendant as the defendant ... request of the
defendant, the said cheque was cleared after temporary overdraft was
created in the account of the defendant. The overdraft amount
repay the same
alongwith interest applicable thereon for the said temporary Overdraft
Limit/Financial Facility applicable to the account, as per the norms and rules ... maintained by the
plaintiff bank, established beyond doubt that the aforesaid temporary Overdraft
Limit of Rs. 4,00,000/ (Rupees Four Lac Only) availed
plaintiff. During the course of its operation, the plaintiff had
granted temporary overdraft facility to the tune of Rs. 6 lacs in the said current ... Mahaveer &
Sons? OPD.
3. Whether the defendant has been granted temporary
Overdraft Facility by the plaintiff by clearing cheque
favouring M/s Sagat Enterprises
through partners defendant no.2 and 3 have
availed the temporary overdraft facility of Rs 2 lakhs from the plaintiff
bank to meet the business ... requested the plaintiff bank for grant of temporary overdraft
facility and on the basis of assurances made by defendants, plaintiff
bank agreed to their request
name of his firm. The defendant requested the
plaintiff bank for temporary overdraft facility which was granted to the
defendant. First temporary overdraft facility ... 164908.32 was
credited in his account. Another temporary overdraft facility of
Rs.253000/ was granted to the plaintiff against cheque No.0186018
which resulted
operation of said account on the request of defendant no. 2
temporary overdraft facility to the tune of Rs. 6,00,000/- was
granted ... record. Suit has been
filed within 4 months of grant of temporary overdraft facility
hence, is well within the period of limitation. Although,
Contd
through defendant no2 approached the plaintiff bank for grant of
temporary overdraft facility. It was represented and promised to the
plaintiff bank that ... plaintiff bank? OPP
2)Whether the defendants had availed
temporary overdraft facility of the plaintiff
bank? If yes, to what effect