JUDGMENT (PER SWATANTER KUMAR, C.J.)

1. By this common judgment, we will dispose of the above referred seven Letters Patent Appeals as all of them are directed against the order dated 14th December 2007 passed by the learned Single Judge disposing of all the seven Writ Petitions by the same order.

2. The Respondents in all these Appeals had borrowed several sums of money from the Appellant Society from time time. To begin with, the operation of the loan accounts were satisfactory. However, subsequently, as the Oil Mills suffered a set back, the accounts of the Respondents became irregular resulting in filing of an application under Section 91 of the Maharashtra Cooperative Societies Act, 1960 (hereinafter referred to as “the Act”) for recovery of the loan amounts stated to be advanced by the Society. As a result of these proceedings, an exparte award came to be passed for recovery of the loan amounts. Subsequently, the parties had agreed for a settlement in terms of which the Respondent was to pay 50% of the outstanding amount within a period of two months from 5th July 2005 and the balance amount was to be paid in one year. The Respondent did not

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