A.K.Ganguly, J.

1. In this writ petition the petitioner Union has challenged the legality of the order dated 3.11.1997 issued by the Managing Director of Ranchi-Khunti Central Co- operative Bank Limited (hereinafter called the said Bank) which was issued on the basis of the resolution taken by the Administrator of the said Bank by which house rent allowance of the members of the petitioner union has been reduced.

2. The grievance of the petitioner Union is that by the said resolution it was resolved that the excess amount paid to the members of the petitioner Union will be recovered from their salary. Being aggrieved by the said resolution, the same has been challenged in this writ petition on various grounds.

3. When the matter was taken up for hearing at the admission stage, learned counsel for the respondent Bank raised a preliminary objection as to the maintainability of this writ petition, inter alia, on the ground that under the provisions of Section 48 of the Bihar Co-operative Societies Act, 1935 (hereinafter called the said Act) there is a self contained mechanism for resolution of dispute under the provision of the said Act. Learned counsel for the respondent Bank