*1* wp.6718.10.20.sxw kps IN THE HIGH COURT OF JUDICATURE AT BOMBAY CIVIL APPELLATE JURISDICTION WRIT PETITION NO.6718 OF 2010 Madhu Gupta & Associates Pvt.Ltd.. ..Petitioners -Versus- The Assistant Registrar Co-op. Societies and others. ..Respondents .......... Mr.D.S.Hatale with H.P.Ghadigaonkar, for the Petitioners. Ms.P.S.Cardozo, AGP, for the Respondent Nos.1 to 3/State. Mr.Birendra Saraf i/b V.Deshpande & Company, for the Respondent No. 5/Bank. .......... CORAM : S.C.DHARMADHIKARI, J. Date : 13th June, 2011. P.C.: 1 This Writ Petition challenges the order passed by the Divisional Joint Registrar, Co-operative Societies refusing to condone the delay and also dismissing the revision application preferred by the Petitioner for want of compliance with Section 154(2A) of the Maharashtra Co-operative Societies Act, 1960. 2 I have heard the learned counsel appearing for the Petitioner, so also, the learned counsel appearing for the contesting Respondent No.5 Bank. With their assistance, I have perused the order under challenge. Various grounds have been raised to challenge the action of the Recovery Officer, so also, that of other authorities issuing the recovery certificate. After hearing both sides and bearing in mind that the contesting parties are ladies who are trying to resurrect the business affairs after death of *2* wp.6718.10.20.sxw Naresh Gupta, in the interest of justice, one more opportunity is given to them to comply with this statutory mandate. 3 There was some dispute raised as to how the outstanding amount has been computed and what would be the sum in terms of the recovery certificate and the adjustments which have been given pursuant to the sale of certain attached properties. 4 Mr.Saraf, learned counsel appearing for the Respondent No.5 Bank, on taking instructions, makes a statement that within a period of one week from today, the Respondent No.5 Bank will forward to the Petitioners all details including the extract of accounts so as to indicate the exact figure which is due and payable. Upon receipt of such intimation from the Respondent No.5, the Petitioners shall deposit 50% of the sum that is computed as outstanding, within a period of two months from the date of receipt of such intimation. The deposit will be without prejudice to the rights and contentions of both sides. If the deposit is made and a proof thereof is produced before the Divisional Joint Registrar, Co-operative Societies, he shall revive the Revision Application before him and without raising any objection as far as the delay is concerned, he will hear the parties on merits and decide the application afresh in accordance with law. He will pass a reasoned order and while passing the same, he should not be influenced by any of the observations which are made in the order which is set aside. 5 On failure to comply with this direction, the Revision Application to stand dismissed and the Respondent No.5 to proceed to recover the outstanding amount. The attachment levied on the properties of the Petitioners shall continue till the hearing and final disposal of the Revision Application. However, it is clarified that even the attachment is directed to be continued without prejudice to the rights and contentions *3* wp.6718.10.20.sxw of the parties. Further, it is clarified that this Court has not expressed any opinion on the rival contentions of the parties. 6 The petition is, accordingly, disposed of. No costs. (S.C. Dharmadhikari, J)