1 IN THE HIGH COURT OF JUDICATURE AT MUMBAI CIVIL APPELLATE JURISDICTION WRIT PETITION NO.6785 OF 2009 Uma Vilas Narkar & Ors. .. Petitioners. Vs. Harshvardhan Patil & Ors. .. Respondents. Mr.A.G.Joshi for the petitioners. Mr.V.Z.Kankaria for respondent nos.10 to 12. Mrs.S.S.Bhende A.G.P. for respondent no.14. Coram: D.B. BHOSALE, J. Dated : 29TH AUGUST, 2009 P.C. . Heard learned counsel for the parties. 2. This petition is directed against the orders passed in the proceeedings arising from the show cause notice issued under section 78(1) of the Maharashtra Co-operative Societies Act (for short “the Act”) and appointing an administrator on the co-operative society, namely, Sandeshchandra Co-operative Housing Society Ltd. The administrator was appointed mainly on the ground that indemnity bond, as contemplated by section 73(1AB) of the Act, were not executed within the time stipulated. Till this date, admittedly, the administrator has not taken charge of the Society. The existing managing committee consists of the petitioners and respondent nos.8 and 9 and they are in charge of the Society. I have heard learned counsel for the 2 parties and they have agreed for the following order: (a) The Deputy Registrar, Co-operative Societies, Mumbai, having his office in MHADA building at Bandra shall appoint, within two weeks, an officer from their office to hold elections of the Society (Sandeshchandra Co-operative Housing Society Ltd.) The officer so appointed shall hold the elections in accordance with the law and shall complete the election process as expeditiously as possible and preferrably within a period of 12 weeks from the date of his appointment. (b) The existing managing committee has agreed to co-operate with the officer to conduct the elections, as aforestated, within the time stipulated and shall continue to hold charge till the newly elected managing committee takes charge of the society. Till then, the existing managing committee shall not take any major decision. In view of this order, the orders passed by the authorities below shall be rendered ineffective on the date on which the newly elected managing committee shall take charge of the society. With these observations the writ petition is disposed of. (D. B. Bhosale, J.)