Four Hundred Seven and Paisa Twenty Nine Only). The Original Application has been filed through Sh. Vinod Kumar, Branch Manager of the applicant, who is competent to institute the Original Application vide Power of Attorney dated 06.07.2015, which is Annexure A15 to this OA. 2. The brief facts of the OA are that the defendant no.1 had approached the applicant for the grant of Kisan Credit Card Limit of Rs.19.00 Lacs vide Application for Agriculture Credit dated 08.04.2015, which is Annexure A3 to this OA. 3. The applicant sanctioned the Kisan Credit Card Limit of Rs.19.00 Lacs vide Credit Sanction Intimation, which is Annexure 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 41Kanal-03Marla situated at Village Sangrana, Hadbast no.141, Tehsil and District Muktsar Sahib, Punjab vide Declaration u/s 4(1) dated 16.04.2015 and Letter to Sub Registrar for Creation of Charge, which is Annexure A2 to this OA. Documents executed :- Declaration affidavit dated 15.04.2015, which is Annexure A1 to this OA; Hypothecation agreement, Letter of Undertaking, Mortgage Deed, Deed of Guarantee all dated 29.05.2015 which are Annexures A5 to A8 to this OA; Acknowledgement of Debt dated 23.05.2018, which is Annexure A9 to this OA; Balance Confirmation letter dated 30.11.2020, which is Annexure A10 to this OA; Legal Notice dated 16.06.2021, which is Annexure A11 to this OA; Identity Card, which is Annexure A12 to this OA and Account statement along with Certificate of evidence, which are Annexures A13 & A14 to this OA. 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.27,43,407.29p, 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.
