R. N. MISRA, J.

( 1 ) PETITIONER NO. 1 IS THE BOARD OF MANAGEMENT OF the NAYAGARH CO-OPERATIVE LAND DEVELOPMENT BANK LIMITED WHILE PETITIONER no. 2 IS ITS ERSTWHILE PRESIDENT. THE BOARD WAS ELECTED ON 25-11-76 AND petitioner NO. 2 WAS ELECTED AS ITS PRESIDENT ON 31-8-76. UNDER THE BYE-LAWS of THE BANK, THE TERM OF OFFICE OF A COMMITTEE WAS 3 YEARS OR UNTIL A NEW committee WAS FORMED. THE NEW COMMITTEE WAS TO BE TAKEN AS CONSTITUTED when AFTER FRESH ELECTION, NOMINATIONS WERE RECEIVED FROM GOVERNMENT FOR formation OF THE COMMITTEE, SOON AFER THE ELECTION WAS OVER, A DEFEATED candidate FILED DISPUTE CASE NO. 33 /76-77 BEFORE THE ASSTT. REGISTRAR CHALLENGING THE election OF THE COMMITTEE. IN A REVISI ON FILED AGAINST THE ORIGINAL ORDER relating TO STAY OF OPERATION OF THE ELECTION, BEING REVISION CASE NO. 33/76, the REGISTRAR OF CO-OPERATIVE SOCIETIES PASSED AN ORDER ON 1 -9-76 STAYING THE taking OVER OF THE MANAGEMENT OF THE BANK BY THE PETITIONER-BOARD. THE direction DATED 2-9-76 RAN THUS :"in THE CIRCUMSTANCES, WITH A VIEW TO PREVENTING THE MISCARRIAGE OF justice, I HEREBY PASS AN INTERLOCUTORY ORDER UNDER SECTION 114 OF the ORISSA CO-OPERATIVE SOCIETIES ACT, 1962 STAYING THE TAKI