1. By this petition filed under Article 227 of the Constitution of India, the petitioners have impugned the order dated 19th January 2017 passed by the learned District Deputy Registrar Co-operative Society, the respondent no.6 and also the certificate of unilateral deemed conveyance granted by the respondent no.6 of the land admeasuring 12928 sq. mtr. bearing Survey No.69(part), 70(part) and 71 (part) corresponding to CTS No.108/3 admeasuring 1000 sq.yds. i.e. 12928 sq. mtrs. at Vikhroli (West), Mumbai 400 082. Some of the relevant facts for the purpose of deciding this petition are as under:-

2. It is the case of the petitioners that under Articles of Agreement dated 27th December 1979 executed by Pratapsingh Shoorji Vallabhdas, Dilipsingh Shoorji, Jyotsnaben Vikramsingh, Jaylaxmi Shoorji, these parties granted a land admeasuring 12928 sq. mtr. at Vikhroli (West), Mumbai 400 082 in favour of the respondent no.3 for consideration and conditions provided in the said Articles of Agreement dated 27th December 1979.

3. It is the case of the petitioners that by an agreement dated 27th December 1979, the respondent no.3 granted rights to develop a part admeasuring 4721.25 sq. mt