1 IN THE HIGH COURT OF JUDICATURE AT MUMBAI CIVIL APPELLATE JURISDICTION WRIT PETITION NO.3167 OF 2009 Satyavijay Sahakari Bank Ltd. .. Petitioner. Vs. Ramesh Parshuram Jadhav & Ors. .. Respondents. Mr.Umesh R.Mankapure for the petitioner. Mr.S.K.Kumbhar for respondent no.1. Mr.R.M.Patne A.G.P. for respondent nos.3 to 4. CORAM : D.B. BHOSALE, J. DATED : 7TH OCTOBER, 2009 P.C. . Heard learned counsel for the parties. 2. Rule. By consent, rule made returnable forthwith. Learned counsel appearing for the respondents waives service. By consent, the petition is taken up for hearing and final disposal at the admission stage itself. 3. By this writ petition the petitioner-bank has impugned the order dated 12.4.2007 by which the Revision Application No.2 of 2007 filed by respondent no.1 has been allowed and the auction sale dated 13.10.2006 and the sale confirmation order dated 14.11.2006 has been set aside. 4. I have perused the impugned order. The revisional authority has committed an error apparent on the face of record in taking Rs.5.30 lacs as upset price when admittedly the 2 auction sale was conducted only in respect of a shop premises for Rs.3.10 lacs of which the valuation was only Rs.2.97 lacs fixed by the valuer. In the circumstances both learned counsel for the parties have agreed for the following order: The order dated 12.4.2007 passed by the Divisional Joint Registrar, Co-operative Societies, Kolhapur Division, Kolhapur is set aside and the Revision Application is restored to file. The Divisional Joint Registrar shall decide the Revision afresh after taking into consideration the valuation report dated 12.1.2006 submitted by Sanjay Patil. The Divisional Joint Registrar shall endeavour to dispose of the Revision as expeditiously as possible and preferrably within a period of three months from the date of receipt of this order. All contentions of the parties are kept open. With these observations the writ petition is disposed of. (D. B. Bhosale, J.)