ORDER (PER M.S. KARNIK, J.) :

1. Mr. Nedumpara, learned counsel for the petitioner moved the petition for urgent hearing as E-auction of the sale of the immovable property is scheduled on 21/06/2025.

2. By this petition, the petitioner seeks the following reliefs :-

“a. To declare that the failure on the part of the Central Government/RBI to implement the MSMED notification dated 29.05.2015, in particular, to ensure that the Board of Directors of the Banks/financial institutions in this country, including the Respondent Bank, constitutes a committee for 'stressed micro, small and medium enterprise' and further to prevent the Banks and NBFCs from classifying the account of an MSME as NPA and resorting to recovery under the SARFAESI, RDB Act, IBC, NI Act, etc. in violation of the prohibition to do so as contained in Paragraph 1 and 5(4)(iii) of the said notification, amounts to gross failure on their part to comply with the statutory duty cast upon them under Sections 35, 35A, 35AA, 36, 36AA of the Banking Regulation Act and Sections 45-IE of the Reserve Bank of India Act, and Sections 9 and 10 of the MSMED Act further to direct the RBI and the Central Government to discharge their s