1. Petitioner, an Ex- M.L.A., is aggrieved by the State Government's Order dated 16.11.1994 (Annexure P/3) whereby the interest-subsidy granted to the members of IXth Vidhan Sabha under an earlier Order dated 6.2.1992 (Annexure P/1) was, on dissolution of that Vidhan Sabha on 15.12.1992, discontinued with effect from such dissolution in respect of only those members who did not get re-elected for the Xth Vidhan Sabha which came into existence in December, 1993.

2. The M.P. State Co-operative Bank Ltd., Bhopal, which is the Apex Bank in the Co-operative field in the State, with the previous approval of the Registrar of Co-operative Societies, M.P. Bhopal, framed a Scheme (vide Annexure R/1) for grant of mid-term loan for Rs. 1.5 lacs each to the member of IXth Vidhan Sabha for purchase of Jeep or Car so as to make it convenient for the members to work effectively in their constituencies. Under this scheme the loan was to be distributed through the various District Co-operative Banks in the State. The money for the Scheme was to be provided by the Apex Bank to the distributing subsidiary Banks on interest at the rate of 13 per cent per annum. The distributing Banks were allowed t