Judgment

KASLIWAL, J.:- Special leave granted.

2. This appeal is directed against the judgment of High Court of Judicature of Bombay at Aurangabad dated November 19, 1991. Brief facts of the case are that elections to the Board of Directors of the Beed District Central Co-op. Bank Limited a specified cooperative society under the Maharashtra Co-operative Societies Act, 1960 (hereinafter referred to as the Principal Act) were to be held for the years 1991-1996. The elections are held as provided under the provisions of S. 73G of the Act read with Maharashtra Specified Co-operative Societies (Elections to Committees) Rules, 1971 (hereinafter referred to as the Rules of 1971). The constitution of the Board of Directors of the Beed District Central Co-op. Bank Ltd., (hereinafter referred to as the Beed Co-op. Bank) is provided in bye-law No. 28 of the bye-laws of the Beed Co-op. Bank. The elections to the Board of Directors for the year 1991-96 had become due in November, 1990. With a view to conduct the elections, voters lists were initially finalised on 28-2-1990 but the same were postponed on account of Government directions. Eventually the Collector declared the elections of the Beed