FARAD CONTINUATION SHEET NO: IN THE HIGH COURT OF JUDICATURE AT BOMBAY IN THE HIGH COURT OF JUDICATURE AT BOMBAY IN THE HIGH COURT OF JUDICATURE AT BOMBAY APPELLATE SIDE APPELLATE SIDE APPELLATE SIDE WRIT PETITION NO.8453 OF 2007 -----------------------------------:------------------------------------- Office Notes, Office Memoranda of : Court’s or Judge’s orders. coram, appearances, Court’s orders : or directions and Registrar’s : orders. : -----------------------------------:------------------------------------- Mr.S.S.Patwardhan for the petitioner. Mr.S.D.Rayrikar AGP for respondent nos.1, 3 to 5 Mr.P.D.Dalvi for respondent no.2. CORAM: D.B.BHOSALE, J. CORAM: D.B.BHOSALE, J. CORAM: D.B.BHOSALE, J. DATED: 13TH MARCH, 2008 DATED: 13TH MARCH, 2008 DATED: 13TH MARCH, 2008 P.C.: . Heard learned counsel for the parties. 2. This petition is directed against a recovery certificate issued by the Assistant Registrar, Sawantwadi, Dist.Sindhudurg dated 17th August, 2007. The petitioner has a remedy of revision under section 154 of the Maharashtra Co-operative Societies Act, 1960 (for short "the Act"). Instead of exhausting that remedy the petiioner has directly approached this court. Keeping that in view and considering overall facts and circumstances of the case so also the provisions contained in section 154(2A) of the Act, I issue the following directions: . The petitioner shall deposit 50% amount of the total amount of recoverable dues in this court within a period of six weeks from today failing which this petition shall stand dismissed for non prosecution without further reference of the court. Mr.Dalvi, learned counsel for the respondent-bank submits that they shall not take any coersive steps for a period of six weeks from today. He further submits that the petitioner may be directed not to create third party rights in his immoveable properties. Mr.Patwardhan, learned counsel for the petitioner on instructions states that the petitioner shall not create any third party rights in respect of immoveable properties owned by the petitioner. The statements made by learned counsel for the parties are accepted. Stand over for six weeks. (D.B.Bhosale, J.) (D.B.Bhosale, J.) (D.B.Bhosale, J.)