1. The two petitioners in this Special Civil Application challenge the legality and validity of the order passed by the Government of Maharashtra on 8th November 1970 in exercise of their revisional .jurisdiction under S.154 of the Maharashtra Co - operative Societies Act, 1960, hereinafter referred to as 'the Act'. Petitioner No.1 is a Co - operative Housing Society registered under the Act in or about the year 1960. Petitioner No.2 is one of the 13 shareholders of the said Society and also Honorary Secretary appointed as such at the General Body meeting held on 27-10-1968. The facts, which gave rise to this special Civil Application, briefly are that on 3rd September 1964 the Assistant Registrar, Co - operative Societies, passed an order directing an inquiry in the affairs of this Society under S.83 of the Act. On 28-5-1968 the inquiry Officer submi