R.M. Chhaya J.—RULE. Mr. Ravindra. R. Shah, learned advocate appearing for Respondent No. 1-Bank, and Mr. Rakesh. R. Patel, learned Assistant Government Pleader appearing for Respondent No. 2, waive service of rule for the respective parties. With consent of the learned advocates appearing for the respective parties, the matter is taken up for final hearing today.

2. The petitioners have prayed for the following reliefs:—

“(A) the Hon’ble Court may be pleased to quash and set aside the order dated 21.3.03 passed by the learned Board of Nominees Court allowing Summary Lavad Case No. 3692/02 at Annexure E, and the order dated 30.9.05 rejecting the Farifile Application No. 110/05 at Annexure H, as well as the order dated 23.11.11 passed by Respondent No. 2, Cooperative Tribunal rejecting Appeal No. 403/06 at Annexure L;

(B) Pending hearing and final disposal of the present petition, the Hon’ble Court may be pleased to stay the operation, implementation and execution of the order dated 21.3.03 passed by the learned Board of Nominees Court allowing Summary Lavad Case No. 3692/02 at Annexure E, and the order dated 30.9.05 rejecting the Farifile Application No. 110/05 at Annexure H a