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
through defendant no2 approached the plaintiff bank for grant of
temporary overdraft facility. It was represented and promised to the
plaintiff bank that ... plaintiff bank? OPP
2)Whether the defendants had availed
temporary overdraft facility of the plaintiff
bank? If yes, to what effect
defendant did not have sufficient
balance, the plaintiff bank created a temporary overdraft facility for the
withdrawn amount.
4. It is averred that thereafter ... plaint in respect of
withdrawal being made without sufficient balance and temporary
overdraft facility having been made as also in respect of an amount
market share at a given point of time.
KAL enjoyed credit facilities from diverse banks and financial institutions
under a consortium agreement. The respondent ... temporary overdraft for such purpose. United Bank of India
allowed temporary overdraft to KAL. KAL utilized the same. This
temporary overdraft facility was over
Opponent
sometimes at the instructions transferred the amounts by giving temporary
overdraft facility to the Complainant.
For so many years the Complainant regularly instructed
terms of criminal conspiracy, accommodation cheques were
purchased indiscriminately and temporary overdraft facility had been granted
much beyond the discretionary powers. As per the banking ... pertains to purchase of cheques beyond discretionary
power and grant of temporary overdraft beyond discretionary powers only.
ROLE OF BOTH THE BANK OFFICIALS
plaintiff. During the course of its operation, the plaintiff had
granted temporary overdraft facility to the tune of Rs. 6 lacs in the said current ... Mahaveer &
Sons? OPD.
3. Whether the defendant has been granted temporary
Overdraft Facility by the plaintiff by clearing cheque
favouring M/s Sagat Enterprises
that he was in dire
need of money and requested for temporary overdraft of Rs.
9761.23/- as there was a shortfall of Rs.9761 ... favour.
6. It is stated that the defendant utilized the said temporary
overdraft facility but failed to deposit the said temporary
overdraft facility
plaintiff. On
12.12.2010 defendant approached the plaintiff bank for a temporary overdraft facility to
meet out the urgent requirements of its business. On request, defendant
defendant on 16.09.2008 which was adjusted by
the plaintiff in the temporary overdraft facility which was
created on 26.09.2009. Thus plaintiff has sufficiently proved
