(1) IN THE HIGH COURT OF JUDICATURE AT BOMBAY, AURANGABAD BENCH, AT AURANGABAD. WRIT PETITION NO. 1752 OF 2011 M/s. Puran Automobiles, Shahagunj, Aurangabad, through its Partner, Shri Murlidhar s/o. Khimandas Rizwani, Age : 62 years, Occupation : Business, R/o. A-5, Shantganga Housing Society, Dashmesh Nagar, Aurangabad, District : Aurangabad. .. Petitioner. versus 1. The State of Maharashtra, Through its Secretary, Cooperation and Textile Department, Maharashtra State, Mantralaya, Mumbai. 2. The Commissioner of Cooperation/ Registrar, Cooperative Societies, Maharashtra State, Pune. 3. The Divisional Joint Registrar, Cooperative Societies, Aurangabad Division, Aurangabad. 4. The District Deputy Registrar, Cooperative Societies, Sakhar Sankul, Shivaji Nagar, Pune. (2) 5. Janta Sahakari Bank Ltd., Pune, Branch at Aurangabad, Janta Bank Building, New Gulmandi Road, Dalalwadi, Aurangabad, through its Manager. 6. The Special Recovery Officer, Janta Sahakari Bank Ltd., Pune, Janta Bank Building, New Gulmandi Road, Dalalwadi, Aurangabad. .. Respondents. ....................... Mr. R.T. Nagargoje, Advocate, for the petitioner. Mr. D.R. Korde, Assistant Government Pleader, for respondent nos.1 to 4. Mr. S.V. Natu, Advocate, for respondent nos.5 and 6. ........................ CORAM : B.P. DHARMADHIKARI, J. DATE : 9TH MARCH 2011 COURT'S ORDER : 1. Heard learned Counsel for respective parties. 2. The petitioner has challenged the order dated (3) 4-3-2011 passed by the District Deputy Registrar, Cooperative Societies, Pune, thereby fixing the upset price of the auction property at Rs. 95,00,000/-. 3. As per orders of this Court dated 25th February 2011, respondent no.4 has after hearing the petitioner, re-determined upset price. The re-determination is, in fact, acceptance of earlier figure of Rs. 95,00,000/- only. 4. Adv. Mr. R.T. Nagargoje, appearing for the petitioner, contends that there is no re-determination as such and mechanically the earlier price has been accepted. He wants to rely on subsequent reports submitted by the Government Valuer showing the market price to be Rs. 1,55,00,000/- and Rs. 1,67,00,000/-. He has also invited attention to some private offers made by one Krishna Kailash Gavande, Badrinarayan H. Sharma, Ramavtar Saboo and M/s. Chintamani Buildcon, Aurangabad, offering amounts ranging from Rs. 32,00,000/- per Acre to Rs. 48,00,000/- per Acre. 5. I am not inclined to interfere in the matter at this stage. Respondent no.4 has directed respondent no.5 / Bank to communicate the date of proposed auction and has permitted these persons to participate in it. These private persons are, (4) therefore, in a position to show their bona fides by offering the amounts quoted by them as market price. 6. The auction is to be conducted openly and all contestants will get equal opportunity to participate in it. The same will be required to be accepted by the competent authority. The petitioner can raise all his contentions before competent authority at that stage. 7. With these observations, the petition is disposed of. No costs. ( B.P. DHARMADHIKARI ) JUDGE ......................... bgp/wp1752