1. In this revision petition order dated 24.12.2004 passed by Additional Registrar Cooperative Societies Jammu has been assailed on the ground that he had no jurisdiction to hear the appeal. The order has been sought to be set aside also on some grounds to which reference will be made if necessary, at appropriate stage.

2. This petition was ripe for arguments as on 23.5.2007 but since then the counsel for the petitioner and the respondent started remaining absent and when they used to be in attendance adjournment on different grounds were sought and ultimately the counsel for the respondent started remaining absent, whereupon he was placed ex-parte and Ld. Counsel for the petitioner was heard.

3. Reiterating the grounds of revision petition the Ld. Counsel for the petitioner has submitted that in view of the J&K Cooperative Societies Act 1989 it is only the Registrar Cooperative Societies who is competent to hear the appeal. According to him in 1992 SRO 306 was issued by the Government, according to which Additional Registrar is not competent to hear any case relating to Central Coop. Bank and as such judgement passed by him is non est in the eyes of law.

4. On the merit of the case,

Click Here to Read the rest of this document