Three Only). The Original Application has been filed through Ms. Pooja Arora, Senior Manager o f the applicant, who is competent to institute the Original Application vide General Power of Attorney dated 16.01.2024, which is Annexure A1 to this OA. 2. The brief facts of the OA are that the defendant No.1 to 3 had approached the applicant for the grant of CC Limit of Rs.19.00 Lacs and Term Loan Limit of Rs.8.00 Lacs vide Loan Applications dated 21.09.2016, which is Annexure A2 to this OA. Defendant no.4 stood as guarantor. 3. The applicant sanctioned the CC Limit of Rs.19.00 Lac and Term Loan Limit of Rs.8.00 Lacs vide Sanction Letters dated 29.09.2016, which are Annexures A3 to A4 to this OA and the terms and conditions were duly accepted by the defendants. 4. Defendant no.2 & 3 had mortgaged his immovable properties i.e. total land measuring 64 Kanal 00 Marla detailed as:a. land measuring 47 Kanal 00 Marla situated at Village Buta Singh Wala, Tehsil Patran, District Patiala (Punjab) b. l and measuring 17 Kanal 00 Marla situated at Village Nanhera, Tehsil Patran, District Patiala (Punjab) vide Letter to Sub Registrar for Registration of Bank’s Charge and Declaration U/s 4(1) bearing vasika No.1031-A d ated 27.09.2016, which is Annexure A7 to this OA. Documents executed:- Agreement for Term Loan cum Guarantee Cum Hypothecation, Agreement for Overdraft /Cash Credit cum Guarantee Cum Hypothecation both dated 26.09.2016, which are Annexures A5 & A6 to this OA; Legal Notice dated 02.03.2024 with Postal Receipts, which is Annexure A8 to this OA and Statements of Accounts with certificate, which are Annexures A9 & A10 to this OA. 5. The loan accounts became irregular and were classified as NPA and after adjusting debit and credit entries in both the loan accounts there was a debit of Rs.26,11,093.00p, which is recoverable and the defendants were served recall notices but they did not repay the
