Hi Jorge
Thanks for the quick reply. I have followed your suggestions. what I did was :
1. I removed all the external connections and checked the continuity of the board. vdd(+3.3V) is connected to pin nos 1, 9, 10, 16, 22 and the VSS(GND) is connected to pin nos. 2, 11, 12, 23.(Its a dual sided board)
2. As per the multilink universal guideline i.e its given below, I followed and ensured both the LEDs are glowing.

3. I have connected all the ground pins (2,4,6,8,10,12,14,16,18,20) of multilink externally. (although multimeter shows that all the gnd pins are shorted internally when not connected)
4. I have checked that there is no loose contact with the jumpers, and the length of the jumper is around 15 cm.
5. According to the 1st schematic, value for R1(resistor to reset pin) is 1K. when I probe this pin, In normal condition I get 1.64V and when the programming starts it becomes (0V). Is that expected?? I mean the voltage 1.64v? or should it be higher?
6. I tried your 5th point i.e 1st checked for SWD, and then for JTAG.
7. I tried making empty bareboard project and programming it.


In this case It didn't asked for secure, it directly stated that multilink is not communicating i.e 2nd image which I shared in my 1st post.
The above configuration is for SWD now Trying for JTAG. It still didn't worked. what should I do next?
Thanks and Regards
Amit Kumar