Overdraft - Year 1987 - Judgments

Jun 18 1987 (HC)

Anand Steels Vs. Bharath Earth Movers Limited

Court: Karnataka

Decided on: Jun-18-1987

Reported in: [1989]65CompCas427(Kar); 1987(2)KarLJ52

..... in respect of transactions relating to loans and advances loans and mortgages cash credit or overdraft bonds agreements of pawn or pledge and letters of hypothecation executed by farmers for agricultural .....

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May 13 1987 (HC)

United Bank of India Vs. Modern Stores (India) Ltd. and ors.

Court: Kolkata

Decided on: May-13-1987

Reported in: AIR1988Cal18,[1990]69CompCas697(Cal),91CWN1186

..... defendant no 1 the said comilla banking corporation agreed to allow the overdraft on the terms and conditions contained in an agreement entered into ..... lend and advance to the defendant company s moneys on the overdraft account guaranteed the repayment by the defendant no 1 of the ..... amounts of the overdraft up to limit allowed by the bank 3 the plaintiff appellant .....

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Jul 13 1987 (HC)

State Bank of India Vs. Techno Ceram and ors.

Court: Kolkata

Decided on: Jul-13-1987

Reported in: [1989]65CompCas74(Cal),92CWN48

..... and 2 and one bimala mukherjee alias bimala debi the plaintiff had agreed to grant overdraft facilities to defendants nos 1 and 2 in diverse accounts namely cash credit account and ..... defendants nos 1 and 2 advances under three accounts namely a first term loan account overdraft account and a second term loan account the aggregate amount due to the bank under .....

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Apr 10 1987 (HC)

Bombay Metropolitan Transport Corporation Ltd. Vs. Employees of Bmtc ( ...

Court: Mumbai

Decided on: Apr-10-1987

Reported in: [1990]69CompCas465(Bom)

..... the extent of rs 1 12 60 961 against hypothecation of 50 buses and an overdraft from the state bank of india in sum of rs 24 89 936 the ..... overdraft has been granted on the basis of a deposit of rs 40 lakhs kept by .....

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Jan 29 1987 (HC)

Parmanand Choudhary and ors. Vs. Smt. Shukla Devi Mishra and ors.

Court: Madhya Pradesh

Decided on: Jan-29-1987

Reported in: [1990]67CompCas45(MP)

..... directly sold to the customers without depositingpayments in the bank as required the misuse of overdraft facility resultedin stoppage of the facility respondent no 1 committed dishonesty andbreach of trust amounting ..... has not been proved that respondent no 1 had manipulated the accounts or misused the overdraft facility the allegations are also not factually correct there is no material on record to .....

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Nov 04 1987 (HC)

Gupta Biscuits (P) Ltd. Vs. United Commercial Bank and anr.

Court: Kolkata

Decided on: Nov-04-1987

Reported in: AIR1988Cal265,[1989]66CompCas913(Cal),92CWN618

..... anil kumar gupta is a proprietor opened with the bank a cash credit account with overdraft facilities and arun kumar gupta sunil kumar gupta and manju gupta were the guarantors of ..... belonging to a firm constituted by a certain act of partners for payment of an overdraft of another firm constituted by the same set of partners because although two separate firms .....

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Sep 23 1987 (TRI)

income-tax Officer Vs. Amora Checmicals (P.) Ltd.

Court: Income Tax Appellate Tribunal ITAT Ahmedabad

Decided on: Sep-23-1987

Reported in: (1987)23ITD51(Ahd.)

..... on oral agreement for leasing out the said property on higher rent and also got overdraft facility carrying interest 15 per annum the rent received and paid for the assessment years ..... amend the object clause it made efforts to get a good client it got the overdraft facility from the bank it sanctioned loan at cheaper rate to the huf so that .....

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Apr 10 1987 (HC)

Bombay Metropolitan Transport Corporation Ltd. Vs. Employees of B.M.T. ...

Court: Mumbai

Decided on: Apr-10-1987

Reported in: (1988)ILLJ281Bom

..... the extent of rs 1 12 60 961 against hypothecation of 50 buses and an overdraft from state bank of india in a sum or rs 24 89 936 the ..... overdraft has been granted on the basis of a deposit of rs 40 lakhs kept by .....

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May 26 1987 (HC)

S. Murugappa Chettiar Vs. Commissioner of Income-tax.

Court: Kerala

Decided on: May-26-1987

Reported in: (1988)71CTR(Ker)154; [1988]174ITR245(Ker)

..... the accounts of the assessee and that supplied by the assessee to the bank for overdraft purposes the assessee pleaded that the figures accounted for by him in his accounts are ..... and that the figures supplied to the bank are inflated for the purpose of easy overdraft facilities the income tax officer rejected the explanation of the assessee he concluded that the .....

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Nov 19 1987 (HC)

Allahabad Bank Vs. Commissioner of Sales Tax and Others

Court: Delhi

Decided on: Nov-19-1987

Reported in: [1988]71STC132(Delhi)

..... respondent nos 4 to 7 have withdrawn the amount from the petitioner bank on the overdraft facility by pleading cars trucks and other vehicles as a security with the bank the .....

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