1. The petitioners have filed this writ petition praying to issue a writ of certiorari to call for the records in C.M.A. (C.S.) No.134 of 1989 dated 33. 1992 on the file of the second respondent confirming the order dated 4. 1988 of the third respondent in Na.ka.No.2803 of 1986 and to quash the same in so far as the petitioners herein are concerned.

2. Heard the learned counsel appearing for the petitioners and the respondents.

3. In the affidavit filed in support of the writ petition, the petitioners would contend that the first respondent is a corporate body registered under the Tamil Nadu Co-operative Societies Act, 1961 and is managed by a committee constituted as per the rules and bye laws of the society; that the petitioners 1 to 4 and one Narayanasamy were functioning as Directors from 8. 1974 to 7. 1976; that in an alleged audit conducted under Sec.64 and in an enquiry held under Sec.65 of the Act, it came to be known that the committee members of the Pannaikadu Co-operative Stores Ltd. No.A1480, the first respondent herein committed breach of trust and caused deficiency in the assets of the stores by wilful negligence and fraudulent reduction of the assets of t