overdraft that was sanctioned was a specific overdraft and not a temporary overdraft for a particular limit. The Bank took a stand that the overdraft ... what was granted was not a specific temporary overdraft facility but was a general overdraft facility for a sum of Rs.29 lakhs
sought any overdraft facility from the plaintiff. They further complained that no details about the account of the alleged overdraft facility had been supplied ... approached him in August, 1973, and orally sought a temporary overdraft facility which the said Sathe agreed to sanction as it was for a temporary
also due under temporary overdraft facility availed from 19-10-1974.
Thus, the sums due under all these heads were claimed which were ... partners of the first defendant-firm availed the temporary overdraft facility in their current account No. 210
to the extent
defendant approached
the plaintiff-Bank for grant of Temporary Overdraft facility in a
sum of Rs.2,00,000/- with an undertaking to repay ... temporary overdraft in a sum of Rs.1,00,000/- but the
transaction of the plaintiff shows that the defendant has availed
the temporary overdraft
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
alleged,
during the year 2007-2008 complainant bank sanctioned a temporary overdraft
facility to the accused ... proprietor of M/s Indigo Travels &
Tours, a temporary overdraft facility to the tune of Rs.15,00,000/- at the interest
defendants approached the plaintiff bank on 11.06.1996, for grant of a
temporary overdraft facility for a sum of Rs. 70,000/- (Rupees Seventy
Thousand Only ... proprietor of defendant
No. 1, seeking grant of temporary overdraft facility for a sum of Rs. 70,000/-
Ex. PW-1/2; Cheque bearing
further stated overdraft
facility is not extended without request but the procedure to be followed for
grant of overdraft facility depends upon the sanctioning authority ... overdraft could be obtained without
proper documentation and procedure. He further stated no documentation or
procedure was required for temporary overdraft facility. He further stated
basis of temporary overdraft facility and India card facility which as per the
respondent Bank were availed by the appellants. The appellant number ... approached the respondent Bank on
11.07.1996, for grant of temporary overdraft facility for a sum of Rs. 70,000/-
on usual terms of interest
plaintiff bank granted in favour of defendant
No. 1 the temporary overdraft facility to the tune of Rs. 6,00,000/ (Rupees Six
Lacs only ... defendant No. 2 for its
clearance. While availing the said temporary overdraft facility and instructing the
plaintiff bank to clear the said cheque, defendant