……..Applicant Versus Sh. Bhupinder Singh S/o Sh. RamSingh, R/o Village Tarora Kalan PO Gajju Majra, Tehsil and District Patiala (Punjab). ………Defendant Advocates: Argued by Sh. Aseem Kataria, Advocate for Applicant Defendant already ex-parte vide order dated 02.04.2025 FINAL ORDER 1. Present Original Application was instituted by the applicant under Section 19 of the Recovery of Debts & Bankruptcy Act, 1993, against the defendant for recovery of Rs.28,24,022.00 (Rupees Twenty Eight Lacs Twenty Four Thousand and Twenty Two Only) The Original Application has been filed through Smt. Suman Rani, Branch Manager, State Bank of India o f the applicant, who is competent to institute the Original Application in terms of Gazette Notification published in the Gazette of India dated 26.09.1959, 26.08.1972 & 27.03.1987 under Regulation Nos.76 & 77 of State Bank of India General Regulations framed in exercise of the powers conferred by Sub Section 3 of Section 50 of the State Bank of India Act, 1955 with the previous sanction of the Central Government. Gazette Notification dated 02.05.1987 which is Annexure A1 to this OA. 2. The brief facts of the OA are that the defendant had approached the applicant for grant of KCC Limit of Rs.10.00 Lacs and Term Loan of
