Documents executed: Partnership Letter, Common Hypothecation Agreement, Pronote, Letter of Undertaking, Letter of Attestation/ Declarations, Letters of Undertaking/Declarations, Guarantee Covering Letters and Link Letter, all dated 15.10.2019, which are Annexure A2, A6 to A23 to this OA; Agreement cum Deed of Hypothecation, Supplement cum Deed of Hypothecation Agreement, Letter of Undertaking and Take Delivery Letter to DPN, all dated 26.03.2021, which are Annexure A38 to A41 to this OA; Notice u/s 13 (2) SARFAESI Act, 2002 dated 07.09.2021 along with postal receipts, which are Annexure A46 and A47 to this OA and Statements of Accounts with certificate, which are Annexure A48 to A50 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 o of Rs. 2,53,96,862.63 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 dated order 19.03.2026. 7. In support of the OA, affidavit of Sh. Brijesh Patel, Constituted Attorney, Canara Bank, has 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.
