K.S.GAREWAL, J. - Narvir Singh and Rajinder Kaur have filed this petition seeking a direction to the Tehsildar, Panchkula and Halqa Patwari, Bhaisa Tiba to enter a mutation in the revenue record with regard to the equitable mortgage created by the petitioners in favour of the Punjab National Bank, by deposit of the title-deeds of their respective properties.

2. M/s Ultra Tech Private Limited (in the annexures attached with the petition name of the Company has been shown as M/s Ultra Drugs (P) Ltd.) is the company which has been sanctioned a term loan of Rs. 425 lacs and working capital facilities of Rs. 99 lacs by the Punjab National Bank, as per communication dated January 29, 2007 (Annexure P/2). The sanction letter also accepted the change in the Board of Directors and the change in the security offered by the Company. This letter reveals that equitable mortgages of 19 marlas of Narvir Singh's land and 31 marlas of Rajinder Kaur's land would be the securities offered by the borrowers. The petitioners deposited the original title deeds of their properties with the Bank on February 8, 2007. Thereafter, the Bank wrote to the Tehsildar, Panchkula on February 10, 2007 for en