defendant. Despite repeated requests, defendant did not make the repayment. Hence, this application. 3. On 03.02.2025, summons was sent to the defendant by registered post, which was duly served. However, defendant did not put in appearance. Vide order dated 18.08.2025, he proceeded was ex parte . 4. In order to prove its case, the Bank has placed on record the affidavit of Mr. Manihs Kumar Katiyar, Authorised Officer along with the loan and security documents and marked them as Exhibit A-1 to A- 14. 5. I have perused the evidence on the record. I am of the considered view that the Bank has proved its case that it had advanced total loan of ₹27.90Lacs and on 14.01.2025, a sum of ₹30,40,081/- was due. 6. Accordingly, the application of the bank for the recovery of ₹30,40,081/- (Rupees Thirty Lacs Forty Thousand Eighty One Only) with interest @9% per annum with monthly rests from 27.01.2025, till the date of payment is hereby allowed with costs. Bank can recover its dues by the sale of hypothecated vehicle bearing Registration No. PB05AQ9240 and Maize Cutter fully detailed in para No.3A of the application as well as from the personal movable and immovable property(ies) of the defendant. 7. Pending IAs, if any, stand disposed of. 8. Recovery Certificate be issued accordingly. 9. Party is directed to appear before Recovery Officer on 07.05.2026, who is directed to distribute the sale proceeds of the hypothecated vehicle as per the provisions of Section 19(20-AB) of the Act .
