SUBRATA SARKAR Vs. UNION OF INDIA

JUDGEMENT

(1.) In this writ petition two share-holders of the Eastern and North-eastern Forntier Railway Co-operative Bank Limited (hereinafter referred to as the Co-operative Bank) have challenged the Notification dt.1-3-1977 issued by the Government of West Bengal in exercise of the powers conferred by the proviso to sub-sec. (1) of S.26 of the West Bengal Co-operative Societies Act 1973, dissolving the Managing Committee of the said Co-operative Bank and appointing an Administrator to manage its affairs (Annexure-'A' to the writ petition), the Notification dt. 29-2-1980 issued by the same authority reconstituting the Board of Administrators constituted earlier to replace the Administrator (Annexure-'B' to the writ petition) and the Notification dt. 14-1-1981 also issued by the State Government reconstituting the Board of Administrators before the expiry of one year term of the then existing Board.

(2.) The grounds of challenge as pleaded in the original writ petition are as follows:-

(3.) The respondent 1, Union of India and the respondent 2 Central Registrar of Co-operative Societies have appeared in the proceeding but have not filed any return.