HON’BLE SRI JUSTICE R. SUBHASH REDDY WRIT PETITION No.486 of 2003 Date: 07.04.2011 Between : K. Chandramouli & others. …….Petitioners And Deputy Registrar, Co-operative Societies, City Circle, Hyderabad & others. ….Respondents HON’BLE SRI JUSTICE R. SUBHASH REDDY WRIT PETITION No.486 of 2003 ORDER : In this writ petition, the petitioners have questioned the award passed by the 2nd respondent/Sub-Registrar, dated 15.06.2002, in Arbitration Case No.2139 of 2000. The 1st petitioner has borrowed an amount of Rs.10,000/- from the 3rd respondent-Prudential Co- operative Bank Ltd., and the other petitioners stood as guarantors for the said loan. The said Bank was initially established in the year 1921 and later it was registered under the Andhra Pradesh Co-operative Societies Act, 1964, and further, it was converted into a Society registered under the A.P.Mutually Aided Co-operative Societies Act, 1995, with effect from 09.04.1997. On the ground that an amount of Rs.6,883.90 ps. is due on the loan account of the petitioner, at the request of the 3rd respondent-Bank, arbitration proceedings were initiated in the year 2000 and the impugned award is passed on 15.06.2002. The impugned award is questioned mainly on the ground that as the Society is converted into a Mutually Aided Co-operative Society under the A.P.Mutually Aided Co-operative Societies Act, 1995, the arbitrator is not having any jurisdiction to pass an award, in exercise of powers under Section 62 of the A.P.Co-operative Societies Act, 1964. When the matter is taken up, it is fairly submitted by the learned Counsel Sri Meharchand Noori, appearing for the 3rd respondent-Bank that by the time proceedings are initiated for arbitration, the 3rd respondent-Bank was already converted into a Society under the A.P. Mutually Aided Co-operative Societies Act, 1995, as such, the 2nd respondent is not having jurisdiction to pass any Award under Section 62 of the A.P.Co-operative Societies Act, 1964. In view of the undisputed fact that the 3rd respondent-Bank is converted into Society under the provisions of the A.P. Mutually Aided Co-operative Societies Act, 1995, the 2nd respondent will not have any jurisdiction to pass an award under Section 62 of the A.P. Co-operative Societies Act, 1964. Therefore, this writ petition is allowed and the award, dated 15.06.2002, passed by the 2nd respondent in A.R.C.No.2139 of 2000, is hereby quashed. However, liberty is given to the 3rd respondent to take steps for recovery of money in accordance with law, as per the provisions of the A.P. Mutually Aided Co-operative Societies Act, 1995. No costs. _____________________ R.SUBHASH REDDY, J 7th April 2011 ajr