again approached the applicant bank for its renewal vide Loan application dated 15.02.2017, which is Annexure A1 to this OA. 3. The applicant Bank sanctioned the KCC Limit of Rs.18.00 Lacs vide Letter of Intent dated 27.02.2017 and Later sanctioned its renewal vide Application cum appraisal format for review of KCC Loans dated 12.03.2020, which are Annexures A2 & A8 to this OA; and the terms and conditions were duly accepted by the defendant. 4. Defendant had mortgaged his immovable property i.e. land measuring 25Bigha-15Biswa situated at Village Devi Nagar Urf Swai Singh Wala Tehsil Dudhan Sadhan, District Patiala, Punjab vide Declaration u/s 4(1) and Letter to Tehsildar/Sub-Registrar bearing vasika no.765A both dated 27.02.2017 along with their English Translation , which are Annexures A5 & A6 to this OA. Documents executed: - Demand Promissory Note, Letter of Hypothecation Cum Loan Agreement both dated 15.03.2017, which are Annexures A3 & A4 to this OA; Acknowledgement of debt cum Revival Letter dated 12.03.2020, which is Annexure A7 to this OA; Statement of account with certificate, which is Annexure A9 to this OA and Recall Notice to Borrower dated 10.11.2022 with postal receipt, which is Annexure A10 to this OA and. 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.26,99,170.00, which is recoverable and the defendant was served recall notice but he did not repay the outstanding amount, therefore, the applicant bank requested to accept the application and to issue Recovery Certificate accordingly. 6. The defendant was served notice to appear before this Tribunal but no one appeared on behalf of defendant and he was proceeded exparte on 20.05.2024. 7. In support of the OA, affidavit of Sh. Alok Khanna, Head/ Assistant General Manager, IDBI Bank Limited has been filed.
