acknowledgment due (RPAD), calling upon the borrower to clear the entire Iiabilities within 60 days from the date of receipt of the notice with respect of the credit facilities. The notice was served personally on 23.08.202t. Further, The Respondent Bank has issued the possession notice dated 26.t0.2021. Further, the borrower has not come forward to repay the loan amount as demanded by the demand notice Later, Respondent No.1 has filedpetition before the XI ACMM Bangalore in Crl. Misc. 5002712022 for takingphysical possession of the property and court has passed the order and as per Court Order, Respondent Bank has taken the physical possession of the property. Further, the Respondent Bank contended that the bank has registered the CERSAI.It is further contended that, with respect to all otheraverments stated in thepetition which are notparticularlytraversed are hereby denied as false. Wherefore, theRespondent Bank hereinprayed that this Tribunal may bepleased to dismiss this appeal with exemplary costs, in theinterest of justice and equity. In that view of thematter, theRespondentBank has prayed for dismissal of the appealwith costs.
