1 IN THE HIGH COURT OF JUDICATURE AT BOMBAY APPELLATE SIDE, BENCH AT AURANGABAD WRIT PETITION NO.7470 OF 2010 The Board of Administrator, Annasaheb Patil Urban Co-operative Bank Ltd., Aurangabad, through the Chief Administrator, Shri Ambadas s/o Abajirao Mankape, R/o Plot No.31, Shivjyoti Colony, N-6, CIDCO, Aurangabad. ... PETITIONER VERSUS 1. The Union of India, through the Secretary, Ministry of Finance Department of Financial Service (Banking Division), Jeevan Deep Building, Parliament Street, New Delhi. 2. The Reserve Bank of India, through the Chief Executive Director, Urban Banks Department, Central Office, 1st Floor, Garment House, Worli, Mumbai – 400 018. 3. The Commissioner for Cooperation and Registrar, Cooperative Societies, Maharashtra State, Central Building, Pune -1 (Copy of respondent No.3 to be served on the office of Government Pleader, High Court of Judicature of Bombay, Bench at Aurangabad.) ... RESPONDENTS ..... Shri R.T. Rathod, Advocate for the petitioner Shri R.P. Phatke, Standing Counsel for respondent No.1. ..... 2 CORAM: R.S. MOHITE & SHRIHARI P. DAVARE, JJ. DATED: 23rd August, 2010 ORAL JUDGMENT (PER R.S. MOHITE, J.): 1. The Advocate for the petitioner states that, he would like to drop respondent No.3 as a party. Leave to drop respondent No.3 as a party. As petition can be disposed at admission stage, Rule. By consent of parties, rule made returnable forthwith. Parties are heard. 2. The petitioner is erstwhile Cooperative Bank, licence of which was cancelled by the Reserve Bank of India. Against the order of cancellation of licence dated 26.2.2010, the petitioner has filed an appeal before Central Government. In that appeal, he has filed an application for grant of interim relief. Subsequently, on 10.3.2010 the Commissioner for Cooperation and Registrar of Co-operative Societies, Maharashtra State had passed an order under Section 110- A(ii) of the Maharashtra Co-operative Societies Act, appointing a Board of Liquidators on the aforesaid Bank. 3. It is the grievance of the petitioner that though he has applied for interim relief, against both these orders, in the appeal pending before the Central Government, his application has not been 3 considered. The learned Standing Counsel appearing for the Union of India states that the interim application in the pending appeal will be decided and the decision would be communicated to the petitioner within a period of four weeks from today. In view of the statement which is accepted, the petition is disposed of with a direction that the pending the communication of the decision on the interim application, as filed in the appeal, the Board of Liquidators will not dispose of the assets of the petitioner Bank. Rule made absolute accordingly. (SHRIHARI P. DAVARE, J.) (R.S. MOHITE, J.)