IN THE HIGH COURT FOR THE STATES OF PUNJAB AND HARYANA AT CHANDIGARH C.W.P. No.13583 of 2011 Date of Decision.29.07.2011 Parampreet Singh Bhatia son of Ranjit Singh and another .....Petitioners Versus The Standard Chartered Bank, 10 Parliament Street, New Delhi through its Manager and another .....Respondents Present: Mr. Surinder Sharma, Advocate for the petitioners. CORAM:HON'BLE MR. JUSTICE K. KANNAN 1. Whether Reporters of local papers may be allowed to see the judgment ? No 2. To be referred to the Reporters or not ? No 3. Whether the judgment should be reported in the Digest? No -.- K. KANNAN J.(ORAL) 1. Learned counsel for the petitioners seeks quashing a notice issued by the 2nd respondent under Section 13(2) of the SARFAESI Act. The petitioner has appropriate remedy by means of an appeal under the SARFAESI Act through Section 17 and the petition before this Court is not justified. The petitioners offer that they will make payment of Rs.6 lacs now and asking for six months time for discharging the entire loan, is better if addressed to the Bank which has advanced the loan and not to this Court. This Court is not a collection agent for Banks to accept pleas of persons who claim that they have difficulties in paying the loans. 2. The invocation of this jurisdiction is clearly misplaced in this writ petition and it is dismissed. (K. KANNAN) JUDGE July 29, 2011 Pankaj*