1 IN THE HIGH COURT OF JUDICATURE AT BOMBAY APPELLATE SIDE WRIT PETITION NO.5286 OF 2005 Shri Shashikant Raut : Petitioner V/s. State of Maharashtra & Ors. : Respondents ... Mr.A.P.Steenson for the petitioner. Mr.Milind More for the respondent nos.2 and 3. ... CORAM : S.A. BOBDE, J. August 17, 2005. P.C.: 1. The petitioner, who is a surety, has challenged the order dated 19.5.2005 dismissing his revision application against the order under section 101 of the Maharashtra Co-operative Societies Act, 1960, hereinafter referred to as the "Act", on the ground that the petitioner has not deposited 50% of the recoverable dues with the respondent-Bank. 2. The learned counsel for the petitioner urged that the petitioner is a surety and, therefore, ought not to have been required to deposit the said amount. There is no 2 merit in this submission. Section 154(2A) of the Act is held to be mandatory. 3. Accordingly, the petition is dismissed. S.A. BOBDE, J.