1. The petitioner is a member of the Omallur Service Co-operative Bank Ltd., No.Q 228 (hereinafter referred to as “the Bank), who was elected to the Board of Directors and was occupying the post of President when the order impugned in this writ petition, Exhibit P5, was passed, superseding the elected Managing Committee under Section 32 of the Kerala Co-operative Societies Act, 1969 (for brevity “the Act”). The Managing Committee, of which the petitioner was the President, was elected on 24.12.2008 and has a term of 5 (five) years, which expires only on 24.12.2013. While the Managing Committee was in office, by Exhibit P1 an enquiry was instituted under Section 66 of the Act by the 2nd respondent, Assistant Registrar. The specific allegations, upon which the enquiry was initiated, need not be gone into. Suffice it to say that the enquiry ordered as detailed in Exhibit P2, was with respect to the cheque collection, certain malpractices which allegedly occurred in one of the Branches, the gold loan transactions, appointment of daily wage employees, division of labour between the existing employees, reason for stoppage of rubber preservation unit, internal audit measures and