It is further submitted that the letter dated 01.12.22 sent by the 2nd Defendant will go to show that overdue amount in respect of the 2nd Applicant’s account was Rs. 94,578/- and that the said account will become NPA on 30.12.22. In the said letter dated 01.12.22, the 2nd Applicant was requested to pay the sum of Rs. 94,538/- on or before 20.12.22 in order to avoid the said account downgraded as NPA. However, the 2nd Applicant has not paid any amount as per the said letter dated 01.12.22. The 2nd Applicant has requested for further re-scheduling without making any payment. In order to take up the request to re-scheduling the loan repayment, a sum of Rs. 40,000/- has been recovered from the guarantors i.e. 4th Applicants’ cash credit account. However, the request for rescheduling was not granted and the 2nd Applicant loan account has been classified as NPA on 31.12.22. Further it is submitted that the Applicants cannot take advantage of depositing of Rs. 40,000/- to term the declaration of NPA as invalid. As already stated, the entire amount has to be paid by the 2nd Applicant was Rs. 94,538/-. The Applicant having not paid the said sum of Rs. 94,538/- she cannot say that the declaration of the 2nd Applicant’s loan account as NPA as illegal. On verification of Statement of Accounts of the 2nd Applicant’s loan account, letters sent by the bank dated 01.12.22, it would go to show that the 2nd Applicant’s account has validly been classified as NPA.
