THE HON'BLE SRI JUSTICE N.V. RAMANA & THE HON'BLE SRI JUSTICE P. DURGA PRASAD WRIT PETITION NO :32159 of 2011 Dated: 22.12.2011 Between: Y. Subrahmanyam ..Petitioner And State Bank of India, Karwan Branch, rep., by its Branch Manager, Hyderabad. ..Respondent This Court made the following: THE HON'BLE SRI JUSTICE N.V. RAMANA & THE HON'BLE SRI JUSTICE P. DURGA PRASAD W.P.No.32159 of 2011 ORDER: (Per Hon’ble Sri Justice N.V. Ramana) This writ petition is filed challenging the notice dated 31.1.2011 issued by the respondent-Bank under the provisions of the Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (for short "the Act"), and seeking a direction to the respondent-Bank to regularize the petitioner’s account and collect the EMI’s directly from his salary. The brief facts of the case are that the petitioner availed loan from the respondent-Bank and failed to discharge the same and hence, the respondent-Bank initiated proceedings under the Act and issued notice, dated 9.10.2010. In spite of the same, as the petitioner failed to repay the entire loan amount, the respondent-Bank issued the notice under challenge. Hence, this writ petition has been filed. Heard the learned Counsel for the petitioner and perused the material available on record. Today, the learned Counsel for the petitioner brought to the notice of this Court that the petitioner has already approached the Tribunal. In view of the above submission, this Court is not inclined to entertain this writ petition. The writ petition is accordingly dismissed. No order as to costs. _______________ N.V.RAMANA, J ___________________ P. DURGA PRASAD, J Dated: 22.12.2011 Nn THE HON'BLE SRI JUSTICE N.V. RAMANA & THE HON'BLE SRI JUSTICE P. DURGA PRASAD WRIT PETITION No.32159 OF 2011 (Order delivered by the Hon’ble Sri Justice N.V. Ramana) 22.12.2011 Nn