to institute the Original Application vide Power of Attorney dated 08.01.2025, which is Annexure A1 to this OA. 2. The brief facts of the OA are that the defendant approached the applicant for grant of Term Loan facility against hypothecation of Car of Rs.30,00,000.00 vide Application Form dated 18.04.2024, which is Annexure A2 to this OA. 3. The applicant sanctioned the Term Loan facility against hypothecation of Car of Rs.20,50,000.00 vide Credit Facility Application Form dated 04.01.2025, which is Annexure A3 to this OA. Thereafter, The applicant sanctioned the Personal of Rs.9,49,000.00 vide Credit Facility Application Form dated 04.01.2025, which is Annexure A6 to this OA and terms and conditions were duly accepted by the defendant. 4. Defendant hypothecated her Moveable Asset i.e., Car namely MAHINDRA XUV 700 bearing Registration no. CH01CN3044, Chassis no. MA1NE2YEAN6B10243, Engine no. YEN4B39231 vide Registration Certificate, which is Annexure A5 to this OA. Documents executed : Deed of Hypothecation, dated 03.01.2025, which is Annexure A4 to this OA; Recall Notices, dated 29.11.2025, along with postal receipts, which are Annexures A7 & A8 to this OA; Statement of accounts along with certificates, which are Annexures A9 & A10 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.26,46,398.50, which is recoverable and the defendant was served recall notices but she 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 she was proceeded ex-parte vide order dated 24.06.2026. 7. In support of the OA, affidavit of Sh. Jatinder Mishra, Authorized Signatory, ICICI Bank Ltd. h as been filed.
