( 1 ) THIS is a petition for the issuse of wirt of mandamus declaring that liquidation proceedings against Kollur Parvathi Co-operative Bank Ltd. is illegal and void by holding that the provisions of section 64 of the A. P. Co-operative Societies Act, 1964, are not applicable to a co-operative bank as the same is a banking company within the purview of the Banking Regulation Act, 1949, and that the High Court alone has jurisdiction or in the alternative direct the Reserve Bank of India to take steps under sub-clause (iii) of section 115b of the A. P. Co-operative Societies Act, 1964, and by declaring that the Deputy Registrar, Tnali, and the Registrar of Co-oprative Societies, Hyderabad, have no jurisdiction to order liquidation of the Kollur Parvathi Co-operative Bank Ltd.

( 2 ) THE averments in the affidavit filed in support of the writ petition are as follows : The petitioners are members and depositors of Kollur Parvathi Co-operative Bank Ltd. , Kolluru, first respondent herein. Petitioners Nos. 1 to 8 hold deposits of Rs. 69,000, Rs. 49,000, Rs. 90,000, Rs. 75,000, Rs. 37,155, Rs. 28,000, Rs. 35,000 and Rs. 20,000 respectively. The first respondent bank is an urba