(1.) By this writ application under Article 226 of the Constitution of India, the writ applicants have prayed for the following reliefs;
(2.) The writ applicant No.1 is a Multi-State Cooperative Scheduled Bank, whereas the writ applicant No.2 is the Chief Manager and the Authorized Officer of the Bank.
(3.) The case of the writ applicants, in their own words, as pleaded in the writ application, is as under;