A.M. Khanwilkar, J.

Heard Counsel for the parties.

2) Rule. Counsel for the concerned Respondents waive service for the respective Respondents. By consent, Rule made returnable forthwith and heard finally.

3) Briefly stated, this Writ Petition is filed by Petitioner No. 1 claiming to be registered Trade Union registered under the Trade Union Act and affiliated to Writ Petitioner No. 2 Association, for issuing writ, directing the Respondents to strictly adhere to the policy of recruitment and promotion in the employment of the Respondent Bank, by issuance of public notice, intimation to Public Employment Exchange and by holding competitive examinations and interviews amongst suitable candidates and to abide by Circular issued by Respondent No. 2 dated 5th December, 2011; Memorandum of Settlement dated 19th February, 2003 and the policy disclosed in Circular dated 14th February, 2012. The Petitioners have further prayed for setting aside the Circular dated 31st May, 2011 and all actions taken by the Respondent Bank pursuant thereto and to restrain from acting upon the tentative action plan for the recruitment envisaged for the period 2012-2013, as can be discerned from t