1 IN THE HIGH COURT OF JUDICATURE AT BOMBAY CIVIL APPELLATE JURISDICTION WRIT PETITION NO. 2871 OF 2010 Dhanashri Mahila Sahakari Bank Ltd. Miraj : Petitioner versus Union of India & ors. : Respondents Mr. S S Patwardhan for the Petitioner. Mr. L M Acharya for Respondent No.1. Mr. S R Nargolkar, GP for Respondent No.3. CORAM : A. M. KHANWILKAR, R. M. SAVANT, JJ. DATED : 15th April 2010 P.C. : 1. Heard counsel for the parties. 2. Rule. Rule made absolute forthwith, by consent. Mr.Acharya waives notice for Respondent No.1. Mr.Nargolkar, waives notice for Respondent No.3. 3. It is not in dispute that the Petitioners have filed an appeal under Section 22(5) of the Banking Regulations Act, 1949 and have also prayed for interim relief during the pendency of the said appeal. The Appellate Authority, however, has not passed any order on the 2 said appeal so far which has been filed on 19th March 2010. In the meantime the question of hastening the liquidation proceedings qua the Petitioner Bank may not be appropriate. The same can be taken forward only after the decision in the pending appeal before the Respondent No.1. If the said appeal was to succeed, the question of resorting to the liquidation action against the Petitioner/bank may not arise unless there are other grounds to do so ( other than the ground referred to in the order impugned in the pending appeal ). 4. In the circumstances, we have no hesitation in disposing of this writ petition with directions to the Respondent No.1 to expeditiously decide the pending appeal of the Petitioner in any case not later than eight weeks from today. 5. The Respondent Nos.2 and 3 shall not precipitate the matter until the final decision in the said appeal is decided by the Respondent No.1 without the leave of the Appellate Authority. 6. Petition is disposed of on the above terms. (R.M.SAVANT, J.) (A. M. KHANWILKAR, J.)