Tools, a sole proprietorship firm of respondent‟s
father, was enjoying temporary overdraft facility from the
appellant. Shri Jitender Sharma was the then Branch
Manager
appellants obtained a
RFA No.761/2010 Page 1 of 7
temporary overdraft facility from the respondent-bank, when the respondent-
bank purchased a cheque
proprietorship. At the request of the defendant, the plaintiff Bank allowed temporary overdraft facility in his current account against the fixed deposit receipts which ... overdraft of Rs, 7,35,313-83 paise was shown in defendant's account, out of which defendant availed temporary overdraft facility limit
proprietorship. At the request of the defendant, the plaintiff bank allowed temporary overdraft facility in his current account against the fixed deposit receipt which ... overdraft of Rs.7,35,313.83 paise was shown in defendant's account, out of which defendant availed temporary overdraft facility limit
several times either to purchase their cheques or to allow them temporary overdraft facility in their aforesaid current account. On 27th December, 1983, the defendants
Packing Credit facility of Rs. 10.00
lacs and a Temporary Overdraft facility. The defendant No. 1 availed of Packing Credit facility but failed to repay ... plaint that defendant No. 1 has also availed of Temporary Overdraft facility but failed to adjust the same
detail, for the reason that the factum of
advancement of loan / temporary overdraft facility of
Rs.4,92,622.38/- by the defendant-Bank
irregularities
and acts of commission/omission by unauthorisedly
allowing temporary overdrafts, unauthorized cheque
purchase facilities by debiting the Impreset Clearing
Account to various constituents details ... committed acts of gross irregularities by
unauthorisedly allowing temporary overdrafts,
unauthorized cheque purchase facilities by debiting the
Impreset Clearing Account which amounts to acts
involving
facility to the Issuer/to give/grant temporary
or extra overdrafts or other advances/credit
facilities to the issuer and the Guarantors shall
course of business or to raising
of unsecured loans, overdrafts, cash
credit or other facilities from banks in
the ordinary course of business ... temporary loans and advances granted to the staff or
contractors or suppliers in ordinary course of business or to
raising of unsecured loans, overdrafts, cash