vss IN THE HIGH COURT OF JUDICATURE AT BOMBAY IN THE HIGH COURT OF JUDICATURE AT BOMBAY IN THE HIGH COURT OF JUDICATURE AT BOMBAY CIVIL APPELLATE JURISDICTION WRIT PETITION NO.4466 OF 2007 WRIT PETITION NO.4466 OF 2007 WRIT PETITION NO.4466 OF 2007 Kalpana Vijay Gaikwad & Anr. ... Petitioners V/s. Laxmi Mahila Sahakari Bank Ltd. & Ors. ... Respondents Mr.S.S. Patwardhan for Petitioners Mr.Umesh Mankapure for Respondent No.1 CORAM: SMT.NISHITA SMT.NISHITA SMT.NISHITA MHATRE, J MHATRE, J MHATRE, J. DATED: DECEMBER 11, 2008 DECEMBER 11, 2008 DECEMBER 11, 2008 P.C.: P.C.: P.C.: . This petition has been filed by the borrowers of a loan from Respondent No.1 Bank. The order impugned has been passed by the appellate Court constituted under the Maharashtra State Cooperative Societies Act. By the impugned order, the appellate Court has quashed and set aside the order of the Cooperative Court which had restrained the bank from taking possession of the suit property. The appellate Court was of the view that the property was mortgaged with the bank as a security for the arrears of loan and, therefore, action had been initiated under the Securitisation Act against the petitioners. In these circumstances, in my view, there is no need to interfere with the impugned order. 2. Petition is rejected.