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Bank. Accused No.1 also allowed accused No.2 to avail Temporary Overdraft Facility (for short 'TOD') and local cheque discounting facility although

proprietor of M/s. Vee Kay Pictures and availed temporary overdraft facility from UCO Bank, chandni chowk branch, Delhi, from time to time ... which was never effected upon him. Accused claimed that he had temporary overdraft facility from the bank and this fact was concealed

Cb I vs . 1 Sh. S Satish Kumar S/O Sh. P C Rao, on

Cbi vs 1. Om Prakash Sharma on 24 August, 2013 Om Prakash Sharma etc. Judgment

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

with Syndicate Bank, Gugai Branch, Salem and applied for a secured overdraft of Rs.10 lakhs on 30.04.2004 for developing the Jewelery business by offering ... abusing their official position had processed and sanctioned Secured overdraft facility of Rs.24.75 lakhs on 22.01.2004 in favour of M/s Roshini Silvers

only and had discretionary powers of permitting Temporary Over Draft (TOD) up to Rs.10000/- only. Such powers were revised with effect from ... even otherwise not competent to purchase any cheque or grant any temporary overdraft. iv. Moreover, other bank officials like Sh. JDK Jain and Sh. Prem

R.Ramesh Srinivasan (A1) vs State Represented By Author: G.Jayachandran Bench: G.Jayachandran IN

State By Cbi/Acb vs Sri. M.S.Seetharama Rao on 21 March, 2016 IN

Central Bureau Of Investigation vs Sri.A.E.Devendranath on 31 August, 2016 IN THE