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
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
detail, for the reason that the factum of
advancement of loan / temporary overdraft facility of
Rs.4,92,622.38/- by the defendant-Bank
repay the same
alongwith interest applicable thereon for the said temporary Overdraft
Limit/Financial Facility applicable to the account, as per the norms and rules ... plaintiff to
the defendant to repay the aforesaid amount of temporary overdraft facility went
in vain. Thereafter, under the compelling circumstances, the plaintiff bank also
defendant was transacting through the said account
and was availing temporary overdraft facility from time to time
in the above said account for which
operation of said account on the request of defendant no. 2
temporary overdraft facility to the tune of Rs. 6,00,000/- was
granted ... temporary overdraft but no document in
this case was obtained from the defendants! Even a simple
letter from the defendants requesting for temporary
overdraft
bank since 29.05.2002. He approached the plaintiff bank
for sanction of temporary overdraft facility of Rs. 2,50,000/ vide letter
dated 17.04.2003. Plaintiff perused ... processed the
request of the defendant no. 1, and sanctioned a temporary O.D. Limit
of Rs. 2.50 lacs. Defendant no. 1 executed loan documents
submitted that the
defendant no.2 approached the plaintiff for a overdraft facility of
Rs.2.5 Lakhs to meet urgent orders and considering ... more
than sufficient to cover the total facilities and further as the
overdraft was of a temporary nature. However, on the insistence
of the Bank
