( 1 ) THIS is a petition under Article 226 of the Constitution.

( 2 ) THE Central Co-operative Bank Ltd. Guna (hereinafter referred to as the 'bank')is a financial Bank registered under the Madhya Pradesh Co-operative Societies act, 1960 (hereinafter referred to as the 'act' ). Under the bye-laws of the Bank there is a provision for constitutive a Managing Committee (Board of Directors)consisting of elected members and three members nominated by the Government. The elections were held under the bye-laws and the petitioner and non-petitioners nos. 2 to 10, 12 and 18 were duly elected as members of the said Managing committee. The Managing Committee of the Bank took charge on 6-11-68. On 234-70 the Joint Registrar of the Co-operative Societies gave a notice to show cause why it should not be superseded in view of the charges specified therein (vide annexure 'a' ). The Committee submitted a reply to the said charges vide Annexure 'b'. On receipt of the reply the joint Registrar passed an order dated 22-6-70 vide annexure 'c' superseding the Committee for a period of one year. Being aggrieved thereby the petitioner submitted an appeal to the State Government under Section 77