bsb IN IN IN THE HIGH COURT OF JUDICATURE AT BOMBAY THE HIGH COURT OF JUDICATURE AT BOMBAY THE HIGH COURT OF JUDICATURE AT BOMBAY CIVIL CIVIL CIVIL APPELLATE JURISDICTION APPELLATE JURISDICTION APPELLATE JURISDICTION WRIT WRIT WRIT PETITION NO. 6752 OF 2007 PETITION NO. 6752 OF 2007 PETITION NO. 6752 OF 2007 Rajivi Shinha Anchan & anr. ... Petitioner v/s The Assistant Registrar, Co-operative Societies & ors. ... Respondents Mr.M.S.Kumthekar for the petitioners. Mr.R.M.Patne, A.G.P. for respondent Nos.1 and 4. Mr.H.Toor with S.G.Bane and S.B.Pawar i/by S.K.Legal Associates for respondent Nos.2 and 3. CORAM: CORAM: CORAM: SMT.NISHITA MHATRE, J. SMT.NISHITA MHATRE, J. SMT.NISHITA MHATRE, J. DATED: DATED: DATED: 20TH APRIL, 2009 20TH APRIL, 2009 20TH APRIL, 2009 P.C. P.C. P.C.: 1. The petitioners have challenged the order of attachment dated 28.8.2007 issued by the respondent No.3 herein in respect of their property. 2. As rightly pointed out by the learned advocate appearing for the respondent No.2, the petitioners have an alternate efficacious remedy of preferring a revision under Section 154 of the Maharashtra Co-operative Societies Rules. Besides this, he points out that, if the petitioners are aggrieved by the attachment, they 2 are at liberty to raise the objection in respect of the attachment under Rule 107(19) of the Maharashtra Co-operative Societies Rules. 3. In this view of the matter, the petition is rejected relegating the petitioners to availing of the alternate efficacious remedy. 4. Since the petitioners were granted an ad-interim order earlier, that order will continue for a period of two weeks from today to enable the petitioners to obtain appropriate orders in the matter. If no order is obtained within two weeks from today, the Bank will be at liberty to auction the property. The learned advocate for the petitioners, on instructions from the petitioner No.1, undertakes that the petitioners will not sell, alienate or transfer the property in any manner whatsoever during this period.