( 1 ) THIS is a petition under Articles 226/227 of the Constitution of India, whereby the petitioners seek issuance of a writ of Certiorari and/or any other appropriate direction or order in tbe nature of a writ for quashing the order of supersession of the Board of Directors of Shri Ganesh Sahkari vipnan (Marketing) Sanstha, Maryadit, Khargone, passed by the Deputy registrar, Co-operative Societies, Khargone, on 22. 5. 1981 (Annexure-3 ).

( 2 ) SHORTLY put the facts necessary for decision of this petition are as under : Shri Ganesh Sahkari Vipnan (Marketing) Sanstha, Maryadit, khargone (hereinafter referred to as the Society) is a co-operative society governed by the Madhya Pradesh Co-operative Societies Act, 1960 (for short the Act ). The Board of Directors of this Society was constituted on 22. 5. 1979 for a period of three years, ending on 22. 5. 1982. At the relevant time the society was indebted to the Jila Kendriya Sahkari Bank Maryadit, khargone (respondent No. 2 ). After issuing a show cause notice No. Vidhi/81/1549, dated 4. 5. 19. 1 (Annexure-2), the Deputy Registrar, Co-operative societies, Khargone, by his order No Vidhi/1723/81, dated 22 5. 1981 (Annexure-3