( 1 ) THIS full bench has been constituted to resolve the conflict between two division bench judgments of this court namely Prof. Balraj Madhok and Others v. Registrar of Co-operative Societies and others, I. L. R. 1974 (2) Delhi 684 and S. B. Lalland another v. Registrar of Co-operative Societies New Delhi and another, l. L. R. 1977 (2) Delhi 164. The question that calls for determination is to the exact impact and the effect of Rule 25 (1 ) (c) read with Rule 25 (2) of the Delhi Co-operative Societies Rules, 1973 (hereinafter to be called as the Rules ).

( 2 ) THE petitioner applied for and became a member of Dera lsmail Khan Cooperative House Building Society in 1952. In 1954 the petitioner purchased a house at B-17/a-9, Krishan Nagar, Delhi. In 1955 the petitioner purchased 4 plots from M/s. Nirmal Finance India Private Ltd. This land along with certain other lands was acquired and a Preet Nagar Cooperative House Building Society was formed and the petitioner became a member of the said Society in 1958. The Preet Nagar Cooperative House Building Society was accepted by the Housing Commissioner, Delhi Administration for the purpose of allotment of plots on concessional