OA/239/2026 UNION BANK OF INDIA VS SH. JEEWANJOT SINGH AND OTHERS 6. The defendants were served summons to appear before this Tribunal, but no one appeared on behalf of the defendants and they were proceeded ex-parte 19.05.2026. 7. In support of the OA, affidavit of Ms. Nitesh Kaur, Senior Branch Manage r, Union Bank of India has been filed. 8. Heard ex parte arguments and perused record. 9. It was argued by learned counsel for applicant 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 Annexures A1 to A19 to this OA, it is proved that the defendant nos. 1 & 2 approached applicant for availing of the loan facility, which was granted to them, defendant no. 3 stood as guarantor and for that they had executed all the relevant documents in favour of the bank. The defendants failed to pay back the loan as per terms and conditions of the agreement between the parties. Subsequently, loan account was classified as NPA. From the documentary evidence brought on record, it is proved that applicant is entitled to recover a sum of Rs.22,99,583.86 (Rupees Twenty Two Lacs Ninety Nine Thousand Five Hundred Eighty Three and Paise Eighty Six Only), along with interest from the defendants, jointly and severally, from the date of filing of the present Original Application till realization of the amount. 10. In so far as pendente lite and future rate of interest is concerned, the applicant in relief clause has claimed interest @10.25%p.a. with penal interest @2%p.a. from 01.11.2025 till the realization.
