defendant that he
would pay the remaining balance amount, temporary overdraft facility
was granted to the defendant and the cheque of Rs. 5000/ was encashed ... despite the encashement of said cheque and availing the temporary
overdraft facility, the defendant had failed to pay the same amount and
for which
Tools, a sole proprietorship firm of respondent‟s
father, was enjoying temporary overdraft facility from the
appellant. Shri Jitender Sharma was the then Branch
Manager
also alleged that
the Accused No. 1 permitted several temporary Overdrafts for substantial
2
amounts in different Current Accounts in excess of his powers
Letter of Credit (LC);
(2) Open Cash Credit (OCC)
(3) Secured- Temporary Overdrafts (SOD/TOO)
(4) Bank Guarantee (BG)
(5) Blocked Loan; and
(6) Taking
Deputy Commissioner Of Income-Tax, ... vs Oman International Bank Saog on 17 May, 2006
Equivalent
this Act, the Board may borrow monies by means of temporary overdraft or otherwise by pledging the securities held by the Board in its reserve ... fixed deposits of the Board in its banks: Provided that such temporary overdrafts or other loans shall not be taken, without previous sanction
The Gujarat Maritime Board Act, 1981
GUJARAT
India
The Gujarat Maritime Board Act, 1981
Act
amounts already drawn Wing deposited a leasehold worth £5000 for this temporary overdraft.
Some time later the firm's account was closed
lacs
Foreign Bills Discounting Limit : Rs.111.67 lacs
Current Account Temporary Overdraft: Rs.4.06 lacs.
It is the case of the respondent-bank ... lacs
Foreign Bills Discounting Limit : Rs.60.08 lacs
Current Account Temporary Overdraft: Rs.7.71 lacs.
It is specifically stated that overdue
Agency to meet its financial requirements. It had to take a temporary overdraft of Rs. 1,08,168 from Messrs. National and Grindlays Bank
