1. Rule. Rule made returnable forthwith by consent of
the parties.
2. The petitioners before this court are the persons
who executed security bonds for the loan advanced to
respondent No.2 Society by respondent No.1 bank. Respondent
No.1 is the District Central Cooperative Bank. Respondent No.2
is the Society under the Cooperative Societies Act. Respondent
No.3 is also one of the guarantors who has filed writ petition
No.5117/2020. The present petitioners are respondent No.3 to
11 in the writ petition No.5117/2020 filed by the respondent
No.3. Since both the petitions are filed challenging the same
judgment and order passed by the learned Cooperative appellate
court. [Respondent No.1 hereinafter referred to as ‘Bank’ and
Respondent No.2 hereinafter referred to as the ‘Society’ for the
purpose of convenience.]
