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
such not in dispute but in
1994 NICOSET Limited had sought credit facilities to the
tune of Rs.450 lacs from the respondent ... appellant-Bank granted further
financial assistance to JPCL by way of temporary overdraft
facility aggregating to Rs.8883 lacs which was secured
stated that only on a letter of a customer temporary overdraft facility
could be extended. Entries had to be made in A.D.1 with ... head office relating to grant of temporary overdraft
facility. In cross-examination he stated without a specimen signature
card no current account could be opened
maintained
bank account with this bank and has been granted Temporary Overdraft
facility. The confirmation filed by the assessee company have not been
examined
bank with a
3 O.S.7736/2015
request to sanction temporary overdraft facility upto a limit
of Rs.1,50,000/- to meet their ... defendants not
obtained any overdraft facility and defendants are not due
to the plaintiff bank then they could have appeared before
the court
current
account by giving temporary overdraft of Rs.1,66,265.95 on
23.06.2012. The Defendant has executed the demand promissory
note and other necessary documents ... said sum
was adjusted by giving the temporary overdraft facility for
Rs.1,66,265.95 on 23.06.2012 agreeing to repay the same with
interest
having a current account
with plaintiff bank and was enjoying an temporary overdraft
facility (TOD) against cheques sent for collection. The defendant
no.2 namely
under the Agri Green Credit Scheme and a
Temporary Overdraft of Rs.10,00,000/-. Petitioner had agreed to
pay the term loan in monthly ... term loan facility
would come to Rs.3,74,480/-. In respect of the temporary
overdraft, it was given only for a period
debiting the current account of the company
and creating a temporary overdraft of Rs.3697 lakh in its
current account and remitted the funds ... facilities
to the borrowing firm. Oral evidence was also available to
establish that it was he, who was instrumental in authorizing the
temporary overdraft
overdraft facility
with the bank and that the interest on bank overdraft of Rs.4,142/- is on
account of certain temporary overdrawing that would