(Banks) Act, 1978, along with letter to Sub-Registrar for creation of charge, which are Annexure A7 to this OA. Documents executed: Agreement for Over Draft/ Cash Credit cum Guarantee cum Hypothecation, Agreement for Dropline Over Draft Credit cum Hypothecation cum Guarantee, both dated 07.02.2022, which are Annexures A5 & A6 to this OA; Legal Notice dated 20.07.2024, along with postal receipts, which is Annexure A8 to this OA; Statement of accounts with certificate, which are Annexures A9 & A10 to this OA. 5. The loan accounts became irregular and were classified as NPA and after adjusting debit and credit entries in all the loan accounts there were a debit of Rs.26,64,684.00 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 vide order dated 27.10.2025. 7. In support of the OA, affidavit of Ms. Pooja Arora, Senior Manager (Agri. Legal) has been filed. 8. Heard ex-parte arguments and perused record. 9. It was argued by learned proxy 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 A10 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 loan as per terms and conditions of the agreement between the parties. Subsequently, accounts of the defendants were classified as
