Documents executed : Hypothecation Agreement dated 31.07.2024, which is Annexure A4 to this OA; Legal Notice dated 06.04.2026, along with postal receipt, which are Annexures A6 & A7 to this OA; Statement of account along with certificate, which is Annexure A8 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.25,63,291.00, which is recoverable and the defendant was served recall notices but he did not repay the outstanding amount, therefore, the applicant requested to accept the application and to issue Recovery Certificate accordingly. 6. The defendant was served summons to appear before this Tribunal, but no one appeared on behalf of the defendant and he was proceeded ex-parte vide order dated 14.07.2026. 7. In support of the OA, affidavit of Sh. Satanand Singh, Chief Manager, State 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.
