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India by a bank outside India: An AD may permit a temporary overdraft, for value not exceeding Rupees 5 billion or any other amount

wherein, it was claimed that the overdraft that was sanctioned was a specific overdraft and not a temporary overdraft for a particular limit. The Bank ... would itself show that the overdraft sanctioned was only a specific overdraft and not a general overdraft. 27. Mr.K.S.V.Prasad, learned counsel

Director   of   the   defendant   company,   applied   for   grant   of temporary overdraft of Rs.2,00,000/­ vide written application dated 08.01.16 from the plaintiff bank ... account of the defendant for the period of one month as temporary overdraft.  Defendant used the   temporary   overdraft   amount   for   the   period   starting   from

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

untainted property. The second respondent had legally obtained money as Temporary Overdraft / Loan from Canara Bank by applying to the SME Ambattur Branch, Chennai

again approached the Bank for availing the facility of overdraft of `2,50,000/- vide letter dated 3.3.2001 and application dated 20.6.2001 for enhancement ... documents. Defendants No.1 and 2 again approached the Bank for temporary overdraft of `25,000/- for one week which was sanctioned. However, defendants

Packing Credit Bills purchased. Import Letter of Credit and Temporary Overdraft facilities availed by the 1st respondent together with interest thereon at the contract rate

that assessee has availed certain loans which are by way of temporary bank overdraft and even during the period under consideration no such temporary bank ... assessee and no interest thus could be attributable to these temporary overdraft. It was submitted that only 36 dividend warrants were received and deposited

2017 M/s. Shreepati Build Infra Investment Ltd., temporary overdrafts as and when required by the assessee to honor project related commitments even ... kept out of business funds, on which assessee was paying interest and Overdraft facility was obtained against bank FDs. The assessee had reduced interest received

request of the defendant, plaintiff bank has also allowed temporary overdraft ... sanctioned a sum of Rs.50,000-00 as loan and temporary overdraft of Rs.5,996-00 to the defendant and she executed some