Cbiacbbengaluru vs A1. Madhu Lakshminarayana And Others on 8 October, 2025
IN THE COURT OF
property
broker and received commission income and took temporary overdraft
facility from his UCO Bank account and submitted copy of bank
statement. After considering assessee ... assessee in his bank account was the consequence of temporary
overdraft facility availed by assessee before such withdrawals.
7. Learned AR submitted that the assessee
That the defendants had further requested the plaintiff bank
for Temporary Overdraft Facility on the said account to meet the
urgent business commitments ... request of the defendants,
the temporary overdraft was allowed in the said account by the
plaintiff bank on 24.04.2018 for Rs.15,00,000/- (Rupees
order
4
responsible for certain irregularities and lapses committed in
approving temporary overdrafts (TOD) on the accounts of various
parties involving substantial amounts. The notice
overdraft facility of Rs. 4.70 Crores on 27.10.2016; and a
temporary overdraft of Rs. 1.00 Crore on 31.03.2017, totaling Rs. 13.65
Crores. The loan account
overdraft facility of Rs. 4.70 Crores on 27.10.2016; and a temporary
overdraft of Rs. 1.00 Crore on 31.03.2017, totaling Rs. 13.65 Crores. The loan
account
10th respondent, M/s. United Distilleries had
availed a temporary overdraft facility to the limit of
Rs.20,00,000/- from the Bank of Baroda ... bonafide manner.
40. Admittedly, M/.s United Distilleries had availed
temporary overdraft facility from the Bank on 13.06.1991 and
a mortgage was created
10th respondent, M/s. United Distilleries had
availed a temporary overdraft facility to the limit of
Rs.20,00,000/- from the Bank of Baroda ... bonafide manner.
40. Admittedly, M/.s United Distilleries had availed
temporary overdraft facility from the Bank on 13.06.1991 and
a mortgage was created
Asadulla Khan and others in the
matter of disbursal of temporary overdrafts, sanctions/disbursal
of loans and other credit facilities in favour of Sri Asadulla
Asadulla Khan and others in the
matter of disbursal of temporary overdrafts, sanctions/disbursal
of loans and other credit facilities in favour of Sri Asadulla