The Petitioner is the President of the Calicut City Service Co-operative Bank Ltd No. D 2777, a Co-operative Society registered under the Kerala Co-operative Societies Act, 1969. The Society is classified as Special Grade-I. According to the petitioner, the bank is functioning in an excellent manner and is one of the best Co-operative Societies in the State. It has deposits worth more than 45 Crores and loans outstanding to the tune of Rs.39 Crores. It is stated to be the only bank in the Co-operative Sector having ISO certification.

2. According to the petitioner, ever since May 2006, after the present Government came to power, there has been gross interference in the day-today affairs of the Society for the reason that the present Managing Committee belongs to a rival political party. Therefore, for one flimsy reason or the other, enquiries were being instituted by the authorities into the affairs of the Society with the object of fishing out some reason to take action against the present management thereof.

3. Accordingly, the petitioner contends that during the 26 months preceding the filing of this writ petition, there has been five vigilance enquiries and one enquir