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2023 Supreme(Ker) 666

T. R. RAVI
Kakkur Service Co-Operative Bank Ltd. – Appellant
Versus
Joint Registrar of Co-Operative Societies (General) – Respondent


Advocates:
Advocate Appeared:
For the Petitioner: Sri. T.R. Harikumar, Sri. Arjun Raghavan
For the Respondent: Smt. Mable C.Kurian, Sr. Govt. Pleader

JUDGMENT :

The petitioner is a Primary Agricultural Credit Society, with 13000 members, having its head office near Kozhikode-Balussery road. The office was functioning in an old building in 9 cents of land. An additional 22 cents of land, which is a hilly area, is also owned by the Society. It is stated that since the building was in a dilapidated condition and required reconstruction, the head office was shifted to a rented building in 2012. Ext.P3 is the Bye-laws of the Society, and it permits the purchase of property for the purpose of business. By Ext.P1 resolution dated 30.9.2019, the General Body of the society decided to construct a new building and, if necessary to purchase sufficient land for the said purpose. The petitioner invited tenders from persons interested in selling property by issuing a notification on 23.10.2019 in leading daily newspapers. Four persons submitted tenders. By Ext.P2 resolution dated 08.11.2019, it was resolved to purchase 8.75 cents of land adjacent to the head office for Rs.9,60,000/-per cent from Sri.Pariary, Kurumboyilmeethal. On 28.11.2019, the petitioner submitted Ext.P4 application before the 1st respondent for approval of Ext.P2, under Rul

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