From the perusal of all the Annexures A1 to A14 to this TA, it is proved that the defendant nos. 1 & 2 approached applicant for availing of the loan facilities, which were granted to them. Defendant no. 3 stood as guarantor. They had executed all the relevant documents in favour of the applicant. The defendants failed to pay back the loans as per terms and conditions of the agreement between the parties. Subsequently, both the accounts of the defendants were classified as NPA. From the documentary evidence brought on record, it is proved that applicant is entitled to recover a sum of Rs.22,18,632.00 (Rupees Twenty Two Lac Eighteen Thousand Six Hundred Thirty Two Only), along with interest from the defendants, jointly and severally, from the date of filing of the present Transfer Application till realization of the amount. 10. In so far as pendent elite and future rate of interest is concerned, the applicant has claimed interest @10.00% p.a. in CC Limit and OD Limit with half yearly rests from 21.11.2025 till the realization. The Tribunal is of the considered opinion that sometimes in appropriate cases the prerogative of mercy is the brightest jewel in the crown of the Judge. Keeping in view the facts and circumstances of the instant case including nature of the mortgaged property, undertaking of the defendants, quantum of loans and prevalent market rates of interest which have gone drastically downhill in yester years, while exercising the discretion vested in this Tribunal, this Tribunal deems it just and appropriate to grant simple interest @8.00% p.a. in both the loan accounts from the date of filing of the TA till realization of the amount ordered vide this final order. It is ordered accordingly. 11. In the result, the application is allowed declaring that the defendants are liable to pay to the applicant a total sum of Rs.22,18,632.00 (Rupees Twenty Two Lac Eighteen Thousand Six Hundred Thirty Two Only), jointly and severally, with costs, current and
