Capital Facilities-MSE’s dated 03.05.2023, which is Annexure A2 , to this OA. 3. The applicant sanctioned the Cash Credit Limit of Rs.40.00 Lacs vide Sanction of Credit Facilities dated 23.05.2023, which is Annexure A3 to this OA and terms and conditions were duly accepted by the defendant no.1 through its proprietor defendant no.2. 4. Defendant no.1 through its proprietor defendant no. 2 hypothecated its Book debts vide Deed of Hypothecation dated 23.05.2023, which is Annexure A5 to this OA. Documents executed: Master Facility Agreement (MFA) dated 23.05.2023, which Annexure A4 to this OA; Legal Notice dated 06.02.2026 along with postal receipts, which are Annexures A6 to A8 to this OA; Statement of account along with certificate, which is Annexure A9 to this OA. 5. The loan account became irregular and was classified as NPA and after adjusting debit and credit entries in the loan account there was a debit of Rs.43,59,330.76, 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 15.04.2026. 7. In support of the OA, affidavit of Sh. Kabir Chopra, HDFC Bank Ltd. has been filed. 8. Heard ex-parte arguments and perused record. 9. It was argued by learned counsel for applicant through video conferencing 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 A9 to this OA, it is proved that the defendant no.1 through its proprietor defendant no. 2 approached applicant for availing of the loan facility which was granted to them and for that they had executed all the relevant documents in
