IMMANENT PANDURANGA RAO, J.

( 1 ) THESE two Writ Appeals arise out of the judgment of the learned single Judge in Writ Petition No. 366 of 1980 granting a writ of Certiorari quashing the order of the first respondent dated 29-12-79 confirming the order of the second respondent dated 11-9-79 in C. E. P. No. 252 of 78-79.

( 2 ) WE shall adopt the ranking of the parties as in the Writ Petition. The petitioner borrowed Rs. l 1,900/- from the Gudur Co-operative House Building society Ltd. , Gudur in 1955-56 payable in 180 monthly instalments of Rs. 100-46 ps. each. As he failed to repay the loan, the third respondent initiated proceedings under Section 61 of the Co-operative Societies Act (hereinafter referred to as the Act ) which was referred to an arbitrator under Section 62 of the Act and a decree was passed for Rs. 12,938-39 ps. Thereupon the third respondentinitiated execution proceed ings for recovery of Rs. 16,228-60 ps. The houseof the petitioner was put to auctionon 16-3-76. As the highestbid amount was only Rs. 22,000/- which was considered to be low, the bid was rejected. On 10-8-79 the auction was held again and the sale was knocked down in favour of the fourth respondent

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