S. B. MAJMUDAR, J, J.

( 1 ) A Division Bench of this Court consisting of two of us (Chief Justice under NDVBJ), by its order dated 12-7-1993, in Writ Appeal No. 1509 of 1993, has referred the following question for decision of the Full Bench under S. 7 of the Karnataka High Court Act, 1961 :"whether the decision of the Division Bench in Rangaiah v. Managing Director, Tumkur Co-operative Market Producers Societies Union Ltd. , reported in ILR 1992 Kant 3784, is correct when it takes the view that as per sub-sec. (4) of S. 28a of the Karnataka Co-operative Societies Act, 1959, the term of elected President of the Cooperative Society is for the duration of the co-operative year?"accordingly, this Full Bench was constituted for deciding the said referred question.

( 2 ) WE have heard the learned Advocate for the appellant in Writ Appeal, who has contended that the referred question be answered in the negative. We have also heard the learned Government Advocate appearing for respondent No. 1, who has contended that the referred question should be answered in the affirmative. Similar was the argument by the learned counsel for the respondent No. 3.

( 3 ) BEFORE we deal with the question a

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