institute the Original Application vide Power of Attorney dated 28.03.2025, which is Annexure A1 to this OA. 2. The brief facts of the OA are that defendant nos. 1 to 3 approached applicant for grant of CC Limit of Rs. 20.00 Lacs vide Application dated 06.09.2023, which is Annexure A2 to this OA. 3. The applicant sanctioned CC Limit of Rs. 19.70 Lacs vide Facility Letter dated 20.10.2023, which is Annexure A3 to this OA and the terms and conditions were duly accepted by the defendants. Defendant nos. 4 and 5 stood as guarantors. 4. Defendant no. 1 mortgaged his immovable property i.e. Land measuring 16K 00M situated at Village Kalas, Tehsil Khemkaran, District Tarn Taran, Hadbast no. 56, Punjab vide Letter dated 26.10.2023, which is Annexure A5 to this OA. Documents executed: Agreement dated 20.01.2023, which is Annexure A4 to this OA; Recall Notices dated 19.02.2025 and 25.06.2025, which are Annexure A6 and A7 to this OA and Account Statement with foreclosure, which are Annexure A8 and A9 to this OA. 5. The loan account became irregular and was classified as NPA and after adjusting debit and credit entries in loan account there was a debit of Rs. 21,55,100.02 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 and after service upon defendants, Sh. Udit Aggarwal, Advocate appeared and filed his Memo of Appearance on behalf of the defendants on 19.08.2025 and sought time to file Power of Attorney on behalf of the defendants. Neither Power of Attorney was filed nor did anyone appear on behalf of defendants. Therefore, defendants were proceeded ex-parte vide order dated 04.04.2026. 7. In support of the OA, affidavit of Sh. Aashiv Bhayana, Authorized Officer, Yes Bank Ltd. has been filed.
