1. THE petitioner in this writ application has inter alia prayed for the following reliefs

"a) A Writ in the nature of Mandamus commanding the respondents to cancel and/or rescind the fetters dated 7th February, 1996 and 17th May, 1996 respectively issued by the Branch Manager, bank of Maharashtra, Rash Behari Branch and Deputy General manager (Credit), Bank of Maharashtra. Central Office, Pune addressed to the petitioner

b) A Writ of Mandamus commanding the respondents to act according to law and to charge interest to the petitioner's account only in accordance with the guidelines issued by the Reserve bank of India as referred to in the petition and directing to refund all or any amount charged In excess of the rate of interest allowed by the guidelines of the RBI in respect of the PCFC scheme;

c) A Writ in the nature of Mandamus commanding the respondents to issue necessary 'no Objection Certificate' in favour of the petitioner allowing the petitioner to open its Packing Credit a/c. with any other Bank;

d) Writ in the nature of Mandamus do issue commanding the respondent Union Bank of India to show-cause as to why the letters dated 10th October. 1996 and dated 12th November