Documents executed: Letter of Arrangement and Memorandum of Loan Agreement, both dated 01.08.2013, which are Annexure A3 and A4 to this OA; Letter of Arrangement and Memorandum of Loan Agreement, both dated 12.02.2015, which is Annexure A9 and A10 to this OA; Letter of Undertaking dated 06.01.2015, which is Annexure A12 to this OA; Statements of Accounts which is Annexure A14 to this OA; Legal Notices, both dated 29.04.2019, which are Annexure A15 and A16 to this OA; Legal Notice u/s 13(2) of the SARFESI Act, 2002 dated 10.06.2019, which is Annexure A17 to this OA and Death Certificate , which is Annexure A18 to this OA. 5. The loan accounts became irregular and were classified as NPA and after adjusting debit and credit entries in loan accounts there were a debit of Rs. 31,46,419.00 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 summons to appear before this Tribunal but no one appeared on behalf of defendants and they were proceeded ex-parte vide order dated 09.08.2024 7. In support of the OA, affidavit of Sh. Bakhshish Singh, Branch Manager, State Bank of India h as been filed. 8. Heard ex-parte arguments and perused record. 9. It was argued by learned counsel (through VC) 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 Annexure A1 to A18 to this OA, it is proved that the defendant no. 1 and defendant no. 2 (since deceased) 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.
