:1: IN THE HIGH COURT OF JUDICATURE AT BOMBAY CIVIL APPELLATE JURISDICTION WRIT PETITION NO. 2981 OF 2006 Narayan Pandurang Korgaonkar ...Petitioners. vs. Dr. Annasaheb Chaugule Urban Co-op Bank Ltd and Ors. .....Respondents. M.L. Patil for the petitioners. CORAM: S.B. MHASE, J. CORAM: S.B. MHASE, J. CORAM: S.B. MHASE, J. DATED: 2ND MAY, 2006. DATED: 2ND MAY, 2006. DATED: 2ND MAY, 2006. P.C. : P.C. : P.C. : 1. Learned counsel for the petitioner has submitted that they have challenged the recovery certificate issued under Section 101 of the Maharashtra Co-operative Societies Act in the present proceedings. However alternate remedy is available under Section 154 of the Maharashtra Co-operative Societies Act. The said remedy is to be followed in accordance with law. If direct challenge is permitted here that will be against the legislative policy reflected :2: in Section 154 of the Maharashtra Co-operative Societies Act. The object of the said provision is to effect speedy recovery of the public monies which are advanced by way of loan to the persons like the petitioner and therefore it is not appropriate to entertain the petition directly by this court. Petition fails. Hence Dismissed. sd/- *********