1)the borrower is entitled to make his representation and raise his objections to the notice.
2) The authorised officer has to give a reply to the representation made and objections raised by the borrower within 7 days giving valid reasons if he rejects the representation made and objections raised by the borrower
3) in your case bank manger has acknowledged receipt of reply
4) After service of the notice if the borrower makes any representation or objection against the demand notice the A.O. should immediately send it to the secured creditor who in turn should send a reply or advise the A.0. to communicate reply to the borrower within “fifteen days” (recent amendment substituted for one week) of receipt of such representation or objection by registered post with ad or courier
5) handing over copies to secured creditor is sufficient service of objections . since no reply has been sent the case stands vitiated