- 1 - NC: 2025:KHC:18259 WP No. 14496 of 2025 IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 15TH DAY OF MAY, 2025 BEFORE THE HON'BLE MR. JUSTICE M.G.S. KAMAL WRIT PETITION NO. 14496 OF 2025 (GM-DRT) BETWEEN: 1. MR. RAJESH SETHURAMAN S/O. LATE S. SETHURAMAN, AGED 52 YEARS, RESIDING AT FLAT NO.201, MEENAKSHI MANAR, 5TH CROSS, 10TH MAIN, JAYANAGAR, 1ST BLOCK, BANGALORE, KARNATAKA - 560 011. 2. MRS. ANURADHA RAJESH W/O. MR. RAJESH SETHURAMAN AGED 48 YEARS, FLAT NO.201, MEENAKSHI MANAR, 5TH CROSS, 10TH MAIN, JAYANAGAR, 1ST BLOCK, BANGALORE, KARNATAKA - 560 011. …PETITIONERS (BY SMT. SANDHYA U. PRABHU, ADVOCATE (V/C)) AND: 1. M/S. EDELWEISS ASSET RECONSTRUCTION COMPANY LTD., REGISTERED UNDER COMPANIES ACT ACTING IN ITS CAPACITY AS TRUSTEE OF EARC TRUST REPRESENTED BY ITS AUTHORIZED OFFICER, MR. K. RADHAKRISHNAN NAIR, OFFICE AT ELELWEISS HOUSE, 1ST FLOOR, OFF CST ROAD, KALINA, MUMBAI - 400 098. …RESPONDENT Digitally signed by SUMA B N Location: HIGH COURT OF KARNATAKA - 2 - NC: 2025:KHC:18259 WP No. 14496 of 2025 THIS WRIT PETITION IS FILED UNDER ARTICLE 226 OF THE CONSTITUTION OF INDIA PRAYING TO DIRECT THE RESPONDENT TO REGULARISE THE LOAN ACCOUNT OF THE PETITIONER WHICH IS THE SUBJECT MATTER OF ANNX-C DTD.26.02.2025 AND ETC,. THIS PETITION, COMING ON FOR ORDERS, THIS DAY, ORDER WAS MADE THEREIN AS UNDER: CORAM: HON'BLE MR JUSTICE M.G.S. KAMAL ORAL ORDER This petition is filed seeking direction to regularize the loan account of the petitioners which is subject matter of the proceedings initiated under the provisions of Section 14 of the SURFAESI Act. 2. Smt. Sandhya U. Prabhu learned counsel for the petitioners appearing through video conference submits that the petitioners has already preferred an appeal in S.A.No.80/2025 and the same is pending consideration. 3. Since the petitioners have already preferred appeal as stated above petitioners can seek such remedy in the said appeal as may be available under law. - 3 - NC: 2025:KHC:18259 WP No. 14496 of 2025 The petition does not survive for further consideration and accordingly, the same is dismissed. Sd/- (M.G.S. KAMAL) JUDGE CR List No.: 1 Sl No.: 71