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The petitioners pray that the respondent Bank be directed to allow them to regularize a loan facility availed of by a Company by name M/s. Goodwin Packpet Pvt Ltd, of which, they are the Directors. However, the learned standing counsel for the Bank submits that the Bank is not agreeable to have the account regularized; but then offers that if the petitioners make payment of the entire liability, which amounts to Rs.5,64,62,533.80/0 as on 05/01/2019, within a period of 6 months, the Bank will defer all further action and await such payment. He adds that, however, to show their bonafides, the petitioners must pay a minimum amount of Rs.50,00,000/- on or before 28/03/2019 and that, if they fail to do so, they should be directed to hand over physical possession of the secured assets to the Bank, since the taking over of possession of the secured assets is scheduled today by them under the provisions of the SARFAESI Act.