( 1 ) THE petitioner is the wife of one Satyanarayana. It appears, the third respondent availed a loan in an amount of Rs. 3,50,000/- from the second respondent for the purpose of dairy business. The petitioner s husband mortgaged the property being a residential house to secure the loan. There was a default in payment of the loan amount. The second respondent bank which is a co-operative bank, governed by the A. P. Mutually Aided Co-operative Societies act,1995 (for short a. P. MAC Act ), filed original petition being O. P. No. 8 of 2000 under Section 37 of the said Act before the A. P. Co-operative Tribunal, hyderabad (hereafter called the Tribunal ) for recovery of the loan. The said o. P. was filed against the petitioner s husband, her son and herself. Even after receipt of the notice, the petitioner and others did not appear before the tribunal. Therefore, the Tribunal passed an order directing the third respondent and the petitioner herein to pay a sum of Rs. 15,17,641/- together with interest at 6% from the date of the said Award. The Award dated 26-8-2000 became final. After obtaining the order/award of the Tribunal, the second respondent approached the fi