competent to institute the Original Application vide Power of Attorney dated 08.01.2025, which is Annexure A1 to this OA. 2. The brief facts of the OA are that the defendant nos. 1 & 2 approached the applicant for grant of Kisan Credit Card Limit of Rs.12,00,000.00 vide Credit Facility Application Form dated 08.03.2016, which is Annexure A2 to this OA. 3. The applicant sanctioned the Kisan Credit Card Limit of Rs.8,00,000.00 vide Sanction Letter and Most Important Terms and Condition dated 20.04.2016, which is Annexure A4 to this OA and the terms and conditions were duly accepted by the defendants. Defendant no. 3 stood as guarantor. 4. Defendant no. 1 mortgaged his Immovable Property i.e., Total Land measuring 32 Kanal 0 Marla as per Jamabandi for the year 2010-11, situated at Village Mahanbadhar, Hadbast No. 57, Tehsil and District Sri Muktsar Sahib, mutation no. 3724, vide Declaration u/s 4(1) and Request Letter of Creation of Charge on Land in favour of Bank, both dated 04.04.2016, which are Annexures A6 & A7 to this OA. Documents executed: Guarantee Deed, dated 20.04.2016, which is Annexure A3 to this OA; Hypothecation Deed, which is Annexure A5 to this OA; Overdue Notice dated 22.01.2026, along with post receipts, which is Annexure A8 to this OA; Statement of Account, which is Annexure A9 to this OA. 5. The loan account became irregular and was classified as NPA and after adjusting debit and credit entries in the loan account there was a debit of Rs.24,28,301.66, 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 summons to appear before this Tribunal, but no one appeared on behalf of the defendants and they were proceeded ex-parte vide order dated 17.08.2026.
