vide Tax Invoice dated 23.03.2024, which is Annexure A13 to this OA and Virtual RC filed on 16.06.2026 in compliance of order dated 12.06.2026; iv. Ashok Leyland 5525 bearing Registration no. HR58D7592, Engine no. RPPZ500374 and Chassis no. MB1T2VLD0RPPZ6474 vide Tax Invoice dated 23.03.2024, which is Annexure A14 to this OA and Virtual RC filed on 16.06.2026 in compliance of order dated 12.06.2026. Documents Executed: DP Note and Power of Attorney, both dated 07.10.2022, which are Annexure A5 and A6 to this OA; DP Note and Power of Attorney, both dated 05.03.2023, which are Annexure A10 and A11 to this OA; DP Note and Power of Attorney, both dated 28.03.2024, which are Annexure A16 and A17 to this OA; Loan Recall Notice dated 26.09.2025, which is Annexure A18 to this OA and Statement of Accounts, which are Annexure A19 to A22 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 was a debit of Rs. 89,14,356.63 which is recoverable and the defendants were served recall notice 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 11.06.2026. 7. In support of the OA, affidavit of Sh. Rakesh Kumar, Manager, Kotak Mahindra Bank Limited has been filed. 8. Heard ex-parte arguments and perused record. 9. It was argued by learned 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 Annexure A1 to A22 to this OA, it is proved that defendant nos. 1 and 2 approached applicant for availing of the loan facilities which were granted to them and defendant no. 3 stood as guarantor. Thereafter, defendant no. 1 approached the
