proved that they had purchased cheques in arbitrary manner and
permitted temporary overdrafts on number of occasions.
5.1 She has also contended that there ... uncommon. Purchasing cheques beyond discretionary
powers/purchasing local cheques and granting temporary overdraft are
CC no. 04/2011 CBI Vs Bhajan Singh etc Page
that time. He remained posted there till
28.05.1997. He permitted temporary overdrafts (TODs) in the said account
beyond his delegated powers and such TODs were ... 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
Letter of Credit (LC);
(2) Open Cash Credit (OCC)
(3) Secured- Temporary Overdrafts (SOD/TOO)
(4) Bank Guarantee (BG)
(5) Blocked Loan; and
(6) Taking
interest
of the bank.
INVESTIGATION QUA TEMPORARY OVERDRAFT FACILITY
OF M/S KUNAL TRAVELS (P) LTD.:-
(i) It was alleged that Mr. H. S. Shetty ... alleged that at the instance of DGM Mr. K.
P. Hegde, Temporary Overdraft Facility (TOD) was granted to M/s
CBI No. 21/09 Page
borrower leading to internal investigation and criminal prosecution. The Temporary overdraft sanctioned by the appellant to Sri Murugan Builders was repaid ... this account. After this, on 08.02.1999, Vinayaga Selvam has applied for temporary overdraft of Rs.4 lakhs for a period of Rs.1 lakh
cheat the Bank by abusing his
official position sanctioned for temporary overdrafts by
circumventing bank rules, regulations by corrupt or
illegal means obtains himself pecuniary ... cheat the
Bank of Baroda, Panambur Branch, Mangalore, had
sanctioned temporary overdrafts and over Drafts to the
borrower by circumventing banking rules and
regulations beyond
Office on
23.01.2001, accused No. 5 V.B. Katoria started
allowing temporary overdrafts (hereinafter
referred to as TOD) in current account
Certified Copy Of The Judgment In Case ... vs . Om Prakash Dated on 30 January, 2018
guidelines, Senior Manager /Chief Manager were also
authorized to sanction clean overdraft /temporary overdraft to
the extent
Singapore which
remains unpaid.
c) Rs. 21,000/- as Temporary overdraft.
1.13 On 16-07-1999, an amount of Rs. 4,20,000/- was unlawfully
