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
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
sent a reply to the said recall notice stating that the
Temporary Overdraft and Standing Overdraft issued by the bank were
secured by self-owned ... company was asked to submit a form for the conversion of
temporary overdraft to term loan with the bank along with other
necessary documents vide
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
bank and used to
avail credit facilities in the nature of temporary overdraft on a regular basis
from the plaintiff bank through its Kirti Nagar ... branch. That the defendant
availed temporary overdraft facility (hereinafter referred to as "TOD") to the
tune of Rs. 1,35,000/- from
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
Minutes of Board of
Directors meetings, it is noted that, temporary adhoc
overdraft limits were being sanctioned by executives of
PMC Bank to customers ... Board of
Directors. The minutes of the meeting indicate that temporary
overdraft limit were sanctioned by executives of PMC bank to
customers.
22. The Managing
Minutes of Board of
Directors meetings, it is noted that, temporary adhoc
overdraft limits were being sanctioned by executives of
PMC Bank to customers ... Board of
Directors. The minutes of the meeting indicate that temporary
overdraft limit were sanctioned by executives of PMC bank to
customers.
22. The Managing
Minutes of Board of
Directors meetings, it is noted that, temporary adhoc
overdraft limits were being sanctioned by executives of
PMC Bank to customers ... Board of
Directors. The minutes of the meeting indicate that temporary
overdraft limit were sanctioned by executives of PMC bank to
customers.
22. The Managing
Minutes of Board of
Directors meetings, it is noted that, temporary adhoc
overdraft limits were being sanctioned by executives of
PMC Bank to customers ... Board of
Directors. The minutes of the meeting indicate that temporary
overdraft limit were sanctioned by executives of PMC bank to
customers.
22. The Managing
