raised by these Respondents through Written Statement and evidence Affidavit. He submitted that Tribunal below rightly discarded the Letter dated 22.03.1995, as it is a xerox copy, and no explanation is offered for non production of original. It is further submitted, Bank itself complained to CBI against its own officials for cheating, on the basis of enquiry conducted, the culprits were found guilty. It is further submitted, these Defendants never authorized Defendant No.2 to give FCNR deposits as security, therefore, Bank has no authority to retain FCNR deposits. He further submitted, till receipt of Notice in OA 138/2002, these Defendants are not aware that FCNR deposits were used as security. It is further submitted, loans were sanctioned in the year 1996, and whereas, FCNR deposits in the names of these Defendants are long after sanction of loan, therefore, the contention of Bank that these FCNR were deposited as security for the loan, cannot be accepted, and Tribunal below rightly discarded the contention of Bank. He further submitted, these Respondents never executed any Deed of Guarantee nor
