detailed in para No.3A of the application). Defendant No.2 stood as guarantor. Defendants had acknowledged their liability towards the debt on 20.06.2015, 24.07.2017 and 24.06.2020. The loan was chargeable to interest @11.90% per annum with half-yearly rests. On 31.12.2021, a sum of Rs.38,76,882.65p was due from the defendants. Despite repeated requests, defendants did not make the repayment. Hence, this application. 3. On 04.05.2022, summonses were sent to the defendants by registered post, which were duly served. However, defendants did not put in appearance. Vide order dated 04.12.2023, they were proceeded ex parte . 4. In order to prove its case, the Bank has placed on record the affidavit of Sh. Ashok Kumar, Chief Manager along with the loan and security documents and marked them as Exhibit A-1 to A-18. 5. I have perused the evidence on the record. I am of the considered view that the Bank has proved its case that it had advanced the loan of Rs.29.50 Lacs and on 31.12.2021, a sum of Rs.38,76,882.65p was due. 6. Accordingly, the application of the bank for the recovery of Rs.38,76,882.65p (Rupees Thirty Eight Lacs Seventy Six Thousand Eight Hundred Eighty Two and Paise Sixty Five Only) with interest @11.90% per annum with half-yearly rests from 18.02.2022, till the date of payment is hereby allowed with costs. The liability of both the defendants would be joint and several. Bank can recover its dues by the sale of mortgaged land fully detailed in para No.3A of the application as well as from the personal movable and immovable property(ies) of the defendants. 7. Pending IAs, if any, stand disposed of. 8. Recovery Certificate be issued accordingly. 9. Parties are directed to appear before Recovery Officer on 03.09.2025, who is directed to distribute the sale proceeds of the
