L. NARASIMHA REDDY, J.

( 1 ) THE petitioner is the chairman of the Hyderabad Co-operative bank Limited, Yakutpura, Hyderabad, the 3rd respondent, (for short the bank ). He challenges the notice dated 28-8-2003 issued by the 1st respondent-Joint Registrar/ district Co-operative Officer, Hyderabad. Through the impugned notice, the 1st respondent directed the petitioner and other members of the Board of Directors of the bank to show-cause as to why an order shall not be passed superseding the Board of Directors, under Section 34 of the A. P. Co-operative Societies Act (for short the Act ). The other members of the board of Directors are said to have authorised the petitioner to file this writ petition.

( 2 ) THE case as presented by the petitioner is as under :

( 3 ) THE bank was established with due registration under the Act and obtaining necessary permission from the 4th respondent- reserve Bank of India (for short the rbi ) and that it was operating within the banking norms. In the months of September and October 2002, the RBI caused an inspection of the bank and was satisfied with its functioning. The aspects, such as cash Reserve Ratio, etc, were found to be in better positio

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