( 1. ) THE petitioner, the erstwhile President of the third respondent Society, has filed this writ petition, challenging the surcharge proceedings initiated against him and directing payment of Rs.15,832.09/- alleging the same to be the loss caused to the Society.

( 2. ) THE facts or the case lie in a narrow campus: When the petitioner was President of the third respondent Society, a resolution was passed by the Board appointing one Mr. P. Raghupathy, who was the Secretary of the society authorising him to deal with the affairs relating to the Bank and to take charge of all cash transactions of the third respondent Society. During September 1982, it came to the notice of the petitioner that the Secretary was not accounting the receipts properly and therefore, he was placed under suspension and by letter dated 7.10.1982, he was made liable, to pay a sum of Rs.28,561.98/-. However, the Secretary had (sic) absconded after about two months he submitted a letter, admitting his liability and agreeing to return the money to the Society. When these matters came to the notice of the officials, namely the Inspecting Officers of the Society deputed by the Department, they directed th