Overdraft - Judgment Search Results

Pradeep Kumar Vs. State of U.P.

Court: Supreme Court of India

Reported in: 1994CriLJ148a

..... money to which he was not entitled under law main accused in absence of overdraft facility or any overdraft limit sanctioned to him facilitated to overdraw his account held bank officers being .....

C. Amarendran and ors. Vs. State Bank of India

Court: Chennai

Reported in: (1993)2MLJ500

..... materials and 33 1 3 per cent for semifinished goods finished goods in respect unsecured overdraft against supply bills drawn on government departments other bills drawn on simpson co and others ..... the first defendant were given by way of equitable mortgage as collateral securities for the overdrafts sanctioned by the plaintiff in respect of property bearing no 29 veerasami pillai street madras .....

Dhansiram Agarwalla Vs. Commissioner of Income-tax

Court: Guwahati

..... in vogue of businessmen declaring non existent stock to cover overdraft limits and banks do not exercise effective control to check ..... bank showing nonexistent larger stock in order to obtain higher overdraft facility the order of the commissioner of income tax does ..... stocks were purposely inflated for the purpose of getting higher overdraft facilities from the banks had not been accepted 13 we .....

Kattabomman Transport Corporation Limited Vs. State Bank of Travancore ...

Court: Kerala

Reported in: AIR1992Ker351

..... principal 3 of a bank issuing a writ claiming payment of an overdraft stating on the face the amount of overdraft and 4 the familiar case where the customer authorises a reference ..... of a bank issuing a writ claiming payment of an overdraft stating on the face of it the amount of the overdraft and d the familiar case where the customer authorises a .....

Syndicate Bank Vs. Kumar Industries and Others

Court: Delhi

Reported in: [1993]76CompCas591(Delhi)

..... through defendant no 2 approached the plaintiff bank for the grant of an overdraft limit of rs 27 000 and a loan of rs 20 000 ..... documents as guarantor the agreed rate of interest to be charged for the overdraft limit was 4 5 per cent per annum above the bank rate ..... that the suit is barred by time and that the documents for the overdraft limit and for the loans were got singed by the plaintiff blank .....

Commissioner of Income-tax Vs. Saraya Sugar Mills (P) Ltd.

Court: Allahabad

Reported in: (1993)110CTR(All)23; [1993]201ITR181(All)

..... the income tax officer on the ground that part of the bank overdraft for which such interest was paid was utilised by the persons ..... against the revenue 3 question no 2 the assessee company took an overdraft from the bank part of which amount was diverted to the ..... to the directors and the firms by the assessee company from the overdraft for non business purposes and therefore the interest paid by the .....

Reserve Bank of India Vs. Bank of Credit and Commerce International (O ...

Court: Mumbai

Reported in: 1992(3)BomCR81

..... ltd on july 2 1964 payment of dividend was approved r r ltd had on overdraft with the bank which exceeded the limit the bank refused to make funds available to ..... entitled to set off these amounts against the liability of r r ltd in the overdraft account the court of appeal as well as the house of lords held that as .....

Sri Amiya Kumar Mukherjee Vs. United Bank of India and ors.

Court: Kolkata

Reported in: (1992)2CALLT368(HC),96CWN878

..... jurisdictional supervision the finding of the enquiry officer that cash certificate was credited from the overdraft account to conceal the writ petitioner s misconduct is therefore a finding of fact upon ..... would not apply in the case of cash certificate security which is credited from an overdraft account for concealing a misconduct the relevant portion of the increased discretionary limit is .....

Ranga Structurals Vs. Income-tax Officer

Court: Income Tax Appellate Tribunal ITAT Madras

Reported in: (1993)44ITD154(Mad.)

..... under section 41 1 the brief facts are that the assessee had run up an overdraft account to the extent of rs 1 04 15 022 wrongly stated as 1 04 ..... bank on behalf of m s satyanarayana bros p ltd as a condition for the overdraft account and therefore it was a business outlay it was further pointed out that this .....

State Bank of India Vs. Vishwanath and Another

Court: Mumbai

Reported in: [1994]80CompCas9(Bom)

..... of the agreement for hypothecation reads as under that in the case of cash credit overdraft and demand loan the borrower s shall on demand forthwith pay to the bank the ..... costs charges and expenses however in a case where for any reason cash credit or overdraft is permitted by the bank at its absolute discretion to be repaid in instalments and .....