Cbiacbbengaluru vs A1. Madhu Lakshminarayana And Others on 8 October, 2025
IN THE COURT OF
regular as on 30.05.2013. That the
plaintiff had sanctioned many Temporary overdrafts to the
tune of Rs. 2,65,000/- to meet the excess cash ... limit. That in July the defendant requests the plaintiff
for a temporary overdrafts of Rs. 1,20,000/- for 60 days to
meet the sudden
sanctioned Cash Credit (miscellaneous), secured loan
and had extended temporary overdraft in gross violation
of procedures prescribed for the same, thereby causing
loss ... operating the said account.
(c) Accused No.1 had extended temporary
overdraft (hereinafter referred
request of defendant,
the plaintiff bank has sanctioned a Temporary Overdraft
Facility of Rs.2,88,000/- on 30.4.2018 for short term
business needs ... been extremely
irregular, not only in the operation of the temporary
overdraft facility, but also in the matter of repayment as per
the agreed terms
Industries had
requested the plaintiff - bank to permit him to avail
temporary overdraft loan facilities of Rs.3 Lakhs in current
account No.14710200007597 ... requested for. The defendant had
availed from the plaintiff - bank a temporary overdraft
loan facilities to the above said account. In consideration
of the availment
MSME Service Loans and 16.4% p.a. on the temporary overdraft
facility in the SB account, compounded monthly.
3. The defendant is placed exparte ... respectively.
9. Pw1 also states that the defendant enjoyed temporary
overdraft facility in SB account bearing No.3850101000607. On
his failure to adhere
bank. The defendant approached the plaintiff's
bank for temporary overdraft facility for its business
purpose. In this regard plaintiff's bank agreed ... customer of plaintiff's bank approached the
bank for temporary overdraft facility for its business
purpose. In this regard plaintiff's bank agreed
within a short time. The plaintiff treated the said amounts as
temporary overdraft loan amount and the defendant
acknowledged and confirmed the same. Since defendants ... amount
of Rs.1,45,026/- to the plaintiff bank
towards Temporary Overdraft Loan
facility?
5 O.S.No.26880/2012
(2) Whether the plaintiff
plaintiff bank
orally or in writing to allow her the temporary overdraft
beyond the sanctioned limit of cash credit. The defendant ... avail the over draft facility beyond the sanctioned limit.
After availing the temporary over draft, in July 2008
defendant No.1 informed the plaintiff bank
suit
which arose on 08.05.2019 when the defendant availed the
temporary overdraft facility of Rs.5,00,000/- by agreeing to repay
the same