IN THE HIGH COURT OF JUDICATURE AT BOMBAY CIVIL APPELLATE JURISDICTION WRIT PETITION NO. 6966 OF 2005 Sharmale Revaji Bajirao & Ors. ... Petitioners Versus Reserve Bank of India and Ors. ... Respondents. Mr. P.M. Huddar for the Petitioners Mr. Y.D. Mulani for Respondents No. 1 to 4 Mr. Y.R. Naik for Respondent No. 5. CORAM: V.G. PALSHIKAR, Ag.C.J., & D.B. BHOSALE, J. DATE: NOVEMBER 14, 2005. P.C.:- In view of the fact that the petitioners have effective remedy under Section 91 of the Maharashtra Co-operative Societies Act, 1960, in relation to making of new shareholders, reserving that liberty to the petitioners, the petition is dismissed.