filed through Sh. Harminder Pal Singh, Remedial Manager of the applicant bank, who is competent to institute the Original Application vide Power of Attorney dated 16.12.2020, which is Annexure A1 to this OA. 2. The brief facts of the OA are that the defendants had approached the applicant bank for the grant of CC Limit of Rs.12.85 Lacs and Term Loan of Rs.3.90 Lacs vide Loan application dated 13.09.2016, which is Annexure A2 to this OA. 3. The applicant Bank sanctioned the Credit Facility for sum of Rs.12.20 Lacs as CC Limit and Term Loan of Rs.3.70 Lacs vide Sanction Letters both dated 17.09.2016, which are Annexures A3 & A4 to this OA and the terms and conditions were duly accepted by the defendants. 4. Defendant No.1 had mortgaged his immovable properties i.e. total land measuring 56K-00M situated at Village Mahuana, Hadbast No.32, Tehsil Malout, District Muktsar Sahib vide Letter to The Joint/Sub Registrar for creation of charge and Declaration U/s 4(1) bearing mutation no.796 dated 30.09.2016 along with Mutation Certificate dated 03.10.2016, which are Annexures A5 & A6 to this OA. Documents executed:- Agreements for Overdraft/Cash Credit Facility both dated 30.09.2016, which are Annexures A7 & A8 to this OA; Statement of Accounts both dated 30.01.2023 with Certificate of Computer Application & Data, which are Annexures A9, A10 and A11 to this OA; Legal Notice of final demand dated 03.02.2023 with postal receipts, which are Annexures A12 to A14 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.21,39,579.00, which is recoverable and the defendants were served recall notices but they did not repay the
