to this OA; Mortgagor Declaration for proposed Equitable Mortgage, dated 21.06.2021, which is Annexure A15 to this OA; Memorandum of record of deposit of Equitable Mortgage, dated 23.06.2021, which is Annexure A16 to this OA; Mortgagor’s Letter of Confirmation of Equitable Mortgage by way of deposit of title deed, dated 25.06.2021, which is Annexure A17 to this OA; CERSAI, Security Interest ID based search Report, which is Annexure A18 to this OA; Demand Notice U/S 13(2) of SARFAESI Act 2002 dated 31.07.2023, which is Annexure A19 to this OA; Statement of Accounts, along with pre closure statement along with Memoranda supported by Certificate under Banker’s Book Evidence Act, dated 26.11.2024, which is Annexure A20 Colly to this OA. 5. The loan accounts became irregular and were classified as NPA and after adjusting debit and credit entries in loan accounts there was a debit of Rs. 26,15,238.00, 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 14.08.2025. 7. In support of the OA, affidavit of Smt. Yangchan Dolma, Chief Manager, Bank of Maharashtra h as been filed. 8. Heard ex-parte arguments and perused record. 9. It was argued by learned 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 A20 to this OA, it is proved that the defendants approached applicant for availing of the loan facilities which were granted to them and for that they had executed all the relevant documents in favour of the bank. The defendants failed to pay back the loans as per terms and conditions of
