applicant, who is competent to institute the Original Application vide Authority letter dated 31.08.2022, which is Annexure A/A to this OA. 2. The brief facts of the OA are that the defendants no.1 & 2 had approached the applicant for the grant of Housing Loan of Rs.25.00 Lacs vide Loan application dated 15.11.2019, which is Annexure A1 to this OA. 3. The applicant sanctioned the Housing Loan of Rs.25.00 Lacs vide Sanction Letter dated 27.11.2019, which is Annexure A2 to this OA and the terms and conditions were duly accepted by the defendants. 4. Defendants No. 2 had mortgaged her immovable properties i.e. Plot No. 3, measuring 133.33 sq. yards situated at Village Giaspur, Hadbast No. 261, Locality known as Giaspura, Tehsil and District Ludhiana (Punjab) vide Sale Deed bearing v asika No.201920/103/1/11071 dated 19.12.2019 along with its Translations, which is Annexure A4 to this OA. Documents executed:- Housing Loan Agreement, Undertaking both dated 28.11.2019, which are Annexures A3 & A6 to this OA; Memorandum evidencing for deposit of title deed dated 20.12.2019, which is Annexure A5 to this OA; Affidavit dated 06.11.2019, which is Annexure A7 to this OA; Statement of Account with certificate, which is Annexure A8 to this OA and Notice dated 28.07.2022 along with its translations and postal Receipts, which is Annexure A9 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.25,33,440.92p, which is recoverable and the defendants were served recall notices but they did not repay the outstanding amount, therefore, the applicant requested to accept the application and to issue Recovery Certificate accordingly. 6. The defendants were served notices to appear before this Tribunal but no one appeared on behalf of defendants and they were proceeded ex-parte on 22.08.2024. 7. In support of the OA, affidavit of Sh. Manoj Jhamb, Manager, Canara Bank h as been filed.
