The following disputes shall be deemed to be disputes touching the constitution, Maintenance of Registration File by the Society or business of a Multi state cooperative society namely:-
(a) a claim by the multi state cooperative societies for any debt or demand due to it from a member or the nominee, heirs or legal representatives of a deceased member, whether such debt or demand be admitted or not;
(b) a claim by a surety against the principal debtor where the Multi state cooperative society has recovered from the surety any amount in respect of any debt or demand due to it from the principal debtor as a result of the default of the principal debtor, whether such debt or demand is admitted or not;
(c) any dispute arising in connection with the election of any officer of a On account of alleged mismanagement of the affairs of the petitioner-bank, the board of directors was superseded and the management entrusted by the Registrar of cooperative societies. The administrator, in the course of steps taken by him to rectify defects in the management of the affairs of the bank, terminated the services of the respondent Pad and also forfeited the above security deposit of Rs. 1,000. The applications are opposed by the plaintiff by filing separate replies raising preliminary objection that defendant Nof.1 has no locus stand to file the application under Section 115 of the Act because it is not a management or business of Multi state cooperative society governed by the provisions of the Act; the application is frivolous, wholly misconceived and not maintainable. On merits it is not denied that plaintiff and defendant No.2 are multi state cooperative societies within the meaning of the Act and are governed by the provisions of the said Act. However, it is explained that the acts of defendant No.2 complained in the suit and the relief’s claimed in the suit are not relatable to either constitution, Principal Place of Business and Address of the society defendant No.2 and, therefore, the plaintiff was not obliged to serve any notice on the Central Registrar as envisaged by Section 115 of the Act. It is further stated that although the bye-laws of IFFCO provide for its engagement in General Insurance business but the truth of the matter is that so far IFFCO has not engaged itself in General Insurance business on its own account. In any case it is explained that the general insurance business is the business of defendant No.