Untwalia, J.

1. The Patliputra Co-operative House Construction Society, Ltd., hereinafter, for the sake of brevity, called the Society, the sole petitioner in this writ application, has obtained a rule from this Court under Articles 226 and 227 of the Constitution of India against the State of Bihar, respondent 1, the Registrar, Co-operative Societies. Bihar, respondent 1(A), Shri Mritunjay Prasad, respondent 2 and Shri Dhananjay Prasad Varma, respondent 3, to show cause why the order dated the 17th of January, 1972, a copy of which is annexure 5 to the writ application made by respondent 1(A) be not called up and quashed by grant of an appropriate writ. Cause has been shown by respondents 2 and 3 at the time of the hearing of the writ application; the former had filed a counter-affidavit also.

2. The petitioner Society was registered as a Co-operative Society under the Bihar and Orissa Co-operative Societies Act, 1935 (Bihar and Orissa Act VI of 1935), hereinafter called the Act, and the Rules framed thereunder. At the time of registration of the Society, its By-laws were also registered under the Act. The object of the Society has been acquisition of land and construction