1. This writ petition has been filed by the petitioner challenging letter dated 23.12.2010 (Annexure-13) issued by the Chief Manager, United Commercial Bank, Main Branch, Patna (respondent no. 3) by which the petitioners objection under Section 13(3)(A) of the Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (hereinafter referred to as the SARFAESl Act for the sake of brevity) was disposed of and also challenging notice dated 4.11.2010 (Annexure-11) issued by the. authorities to the petitioner-firm under Section 13(2) of the SARFAESl Act and further for directing the authorities of the Bank to allow the petitioner and the Department of Industries (respondent no. 6) to carve out a scheme of rehabilitation of the entire industry and for restraining the respondents, especially the respondent- Bank, from taking any further action of recovery of outstanding loan due from the petitioner-firm during the pendency of the rehabilitation endeavours and for other ancillary reliefs.

2. The claim of the petitioner is that it is a proprietorship firm established in the year 2006 for manufacturing of Ethical Pharma Products and Branded G