1. The petitioner submit that he is the President of the Elected Board of Directors of the Tamil Nadu Circle Postal Co-operative Bank Limited. The petitioner Bank namely Tamil Nadu Circle Postal Co-operative Bank Limited is a Co-operative Society registered under the Multi-State Co-operative Societies Act, 2002 and the first respondent is the Registrar of Co-operative Societies appointed under the said Act. The petitioner additionally added that the area of operation of the said bank extends to whole state of Tamil Nadu and Puducherry consisting of members who are employed under the Department of Posts, Government of India. The said Bank was registered and started working from 1913 and completed its Centenary year in 2013.

2. He states that the said Bank is managed by the Elected Board of Directors in accordance with the provisions of the said Act, Rules and Bye-laws framed there under the Elections are held once in Five years. He states that the last elections to the Board of Directors of the said Bank was held on 08.02.2013 and total of 12 Directors were elected by the General Body and the Board has been duly constituted in accordance with the provisions of the said Ac