HIGH COURT OF TELANGANA
T. MADHAVI DEVI, J
The Catholic Co. Opertive Urban Bank Limited – Appellant
Versus
The State of Telagnana – Respondent
ORDER:
In this writ petition, the petitioner is challenging the order dated 14.11.2024 passed in I.A.No.246 of 2024 in C.T.A.No.32 of 2024 by the Single Member of Telangana Cooperative Tribunal at Hyderabad as illegal, arbitrary and unconstitutional and consequently to set aside the same and to pass such other order or orders in the interest of justice.
2. Brief facts leading to the filing of the present writ petition are that the petitioner is a bank and the respondent No.5 is one of the Director of Managing Committee of the bank. On the ground that the respondent No.5 was acting against the interest of the bank and was also disqualified to continue to be a Director of the bank, the respondent bank has issued a show cause notice to the petitioner and thereafter, passed a resolution No.14 in the General Body Meeting held on 21.09.2024 expelling the petitioner from the membership of the bank. Challenging the same, the respondent No.5 has filed a C.T.A.No.32 of 2024 along with I.A.No.246 of 2024 and vide orders dated 14.11.2024, Tribunal has granted interim suspension of the resolution No.14 passed by the respondent bank pending disposal of the main appeal. Challenging the said interim
Login now and unlock free premium legal research
Login to SupremeToday AI and access free legal analysis, AI highlights, and smart tools.
Login
now!
India’s Legal research and Law Firm App, Download now!
Copyright © 2023 Vikas Info Solution Pvt Ltd. All Rights Reserved.