institute the Original Application vide General Power of Attorney dated 18.12.2013, which is Annexure A1 to this OA. 2. The brief facts of the OA are that the defendant no.1 had approached the applicant bank for the grant of Credit facility of Rs.40.00 Lacs vide Loan application dated 08.08.2016. 3. The applicant Bank sanctioned the Credit facility of Rs.40.00 Lacs vide Loan application dated 08.08.2016 and Sanction Letter dated 09.08.2016, which is Annexure A2 to this OA and the terms and conditions were duly accepted by the defendants. 4. Defendant No.1 had mortgaged his immovable property i.e. land measuring 66 Kanals 3-2/3 Marlas situated at Village Mardan Heri, Tehsil and District Patiala, Punjab vide Self Declaration dated 02.08.2016 and Jamabandi for the year 2011-2012 along with their translations, which are Annexures A10 and A11 to this OA. Documents executed:- Common Deed of Hypothecation of crops and stocks, Demand Promissory Note, Take Delivery Letter to DPN, Agreement of Guarantee, Request for overdraft facilities and Letters of Undertaking all dated 09.08.2016, which are Annexures A3 to A9 to this OA; Acknowledgment of Debt dated 12.04.2019, which is Annexure A12 to this OA; Notice dated 15.11.2012, which is Annexure A13 to this OA and Statement of account for the period 2017-2022 along with the certificate, which is Annexure A14 to this OA. 5. The loan account became irregular and was classified as NPA and after adjusting debit and credit entries in loan account there was a debit of Rs.60,70,706.00, which is recoverable and the defendants were served recall notices but they did not repay the outstanding amount, therefore, the applicant bank requested to accept the application and to issue Recovery Certificate accordingly.
