:1: IN THE HIGH COURT OF JUDICATURE AT BOMBAY CIVIL APPELLATE JURISDICTION WRIT PETITION NO. 5699 OF 2007 M/s. Janta Provision Stores ..Petitioner Vs. Special Recovery Officer Agrasen Urban Co-operative Bank Ltd. and ors. ..Respondents Mr. P.S. Dani for petitioner. Mr. Kishore V. Tembe for respondent nos.1 and 2. Ms. V.S. Mhaispurkar, AGP for respondent no.3. CORAM: B.H. MARLAPALLE, J. CORAM: B.H. MARLAPALLE, J. CORAM: B.H. MARLAPALLE, J. Date : June 02, 2008. Date : June 02, 2008. Date : June 02, 2008. P.C.: P.C.: P.C.: 1. Heard Mr.Dani the learned counsel for the petitioner. Mr. Tembe appears for respondent nos.1 and 2, whereas the learned AGP appears for respondent no.3. 2. It appears that the petitioner was issued a notice of attachment dated 14/2/2007 by the respondent no.1 and the said notice has been challenged by filing a Revision Application under Section 154 of the :2: Maharashtra Co-operative Societies Act, 1960. In the said revision, an application for interim stay was also filed. On 26/3/2007 the Divisional Joint Registrar was pleased to stay the attachment notice until 25/4/2007 and subsequently, by the impugned order dated 16/7/2007, the interim order came to be vacated solely on the ground that the applicant had not deposited 50% of the recovery amount. 3. Mr. Dani the learned counsel for the petitioner submitted that the requirement of 50% deposit as has been stipulated under Subsection 2A of Section 154 of the Act is not applicable when the revision has been filed against an order/notice of attachment and, therefore, the application for interim relief is required to be decided on merits. 4. This court while issuing notice before admission on 17/9/2007 was pleased to stay the notice of attachment dated 14/2/2007 and the said order has continued all along. It would be, therefore, appropriate that the pending revision application and registered as Revision Application No. 98 of 2007 is :3: heard and decided by the Divisional Joint Registrar within a fixed period. 5. Hence, it is directed that the Divisional Joint Registrar, Co-operative Societies, Pune shall hear and decide Revision Application No.98 of 2007 as expeditiously as possible and in any case before 31st July, 2008. The order of stay granted by this court on 17/9/2007 shall continue to operate till 31/7/2008 or till the Revision Application is decided, whichever is earlier. 6. Petition is disposed off in terms of the above directions. 7. Writ to go to the Divisional Joint Registrar, Co-operative Court, Pune forthwith. (B.H. Marlapalle,J.) (B.H. Marlapalle,J.) (B.H. Marlapalle,J.)