applicant with the bank and a sum of Rs.1,21,09,000/- was credited to the account of the applicant. Thereafter, on 30.07.2022, the CC limit of the borrower was reduced to Rs.54 lacs. Applicant again did not make the repayment and vide demand notice dated 10.11.2022, the bank issued notice to the applicant demanding Rs.89,31,000/-. Bank also informed the applicant that his account has been declared NPA on 29.10.2022. The case of the applicant is that, Bank had sanctioned CC limit of Rs.54 lacs on 30.07.2022 and had declared his account NPA on 29.10.2022. Accordingly, the period of 90 days had not expired and thus, the Bank had wrongly declared the account NPA. However, I am of the considered view that there is no force in the contention of the counsel for the applicant. The CC limit of Rs.54 lacs was not a new limit. It was the earlier limit which was sanctioned in the year 2014, which had been reduced from Rs.1,75,00,000/- to Rs.54,00,000/-, after the house measuring 9 marlas was sold with the consent of the parties. Moreover, there was another limit of Rs.35,31,000/- vide sanction letter dated 13.06.2020 and the interest on which had not been serviced by the applicant. I am of the considered view that applicant has failed to show that his account was wrongly declared NPA. I am of the considered view that there is no force in the contention of counsel for the applicant that notice under Section 13(2) was not served upon him. Counsel for respondent bank had shown to me postal receipt, vide which the notices were sent by registered post to the applicant. Accordingly, there is no merit in the present SA and there is no ground to declare the order passed by CJM, Shopin, as illegal. Accordingly, the SA is hereby dismissed . All the pending IAs, if any, are also disposed of, accordingly.
