Application contents

Along with the Application certified true copies of the documents on which the bank or financial
institution is relying in support of its claim needs to be filed. Further, Applicant inter-alia should state
the following:

Grounds of an application under different heads should be stated concisely;

Particulars of debt secured by a security interest in the property or assets belonging to the debtor
and estimated value thereof;

If the secured assets are not sufficient to cover the debt then the particulars of any other property or
assets owned by the debtor should be stated;

If the value of other assets is not sufficient to cover the debt, then a prayer must be made requesting
for direction to the debtor for disclosing his other property or assets details.

Language and forms of pleading and other formalities

All pleadings shall be done in English or Hindi language. If in the English language then font should be
Times New Roman with a font size of 13. There should be double spacing between the lines. Left-
hand margin should be 5 centimetres and right-hand margin should be 2.5 centimetres. In all
pleadings, legal size (A3) paper should be used.

A paper book is made which should include following:

Index in Form 1

List of dates and events

Pleadings i.e Application

Interlocutory Application, if any

Affidavit

Index of documents/Annexure

Original/attested copy of documents

Power of attorney/board resolution/ authorization letter

Vakaltnanma, if represented by counsel

While filing O.A a copy of the statement of account, certified in accordance with the provisions of
the Bankers’ Books Evidence Act, 1891, needs to be filed along with the O.A., stating the rate of
interest with a certificate that the interest has been charged at such rate. Also, details of penal
interest charged from the borrower needs to be mentioned along with a certificate that the penal
interest has not been capitalised.