on behalf of defendants and they were proceeded ex-parte on 02.04.2025. 7. In support of the OA, affidavit of Sh. Amit Kalsi, Manager and Authorized Officer, Indian Bank h as been filed. 8. Heard arguments and perused record. 9. It was argued by learned proxy counsel that in view of the documentary evidence brought on record which had gone unrebutted, the applicant had proved its case. From the perusal of all the Annexures A1 to A17 to this OA, it is proved that the defendant no.1 (since deceased) and defendant no.2 approached applicant for availing of the loan facility which was granted to them and for that they had executed all the relevant documents in favour of the applicant. The defendant no.1 (since deceased) and defendant no.2 failed to pay back the loan as per terms and conditions of the agreement between the parties. Subsequently, account of the defendant no.1 (since deceased) and defendant no.2 was classified as NPA. From the documentary evidence brought on record, it is proved that applicant is entitled to recover a sum of Rs.34,26,106.00p (Rupees Thirty Four Lacs Twenty Six Thousand One Hundred & Six only) rest from the defendants, jointly and severally, from the date of filing of the present Original Application till realization of the account. 10. In so far as pendent elite and future rate of interest is concerned, the applicant in relief clause has claimed interest @10.25%p.a. along with penal interest @2.00% with half yearly rests from 18.07.2021 till the realization.
