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[Cites 7, Cited by 0]

Andhra Pradesh High Court - Amravati

The Andhra Pradesh State Cooperative ... vs The Anakapalli D.V.Ramana Cooperative ... on 9 May, 2024

                           HIGH COURT OF ANDHRA PRADESH

                   MAIN CASE No: W.P.No.11096 of 2024

                                    PROCEEDING SHEET


SL.   DATE                                      ORDER                            OFFICE
NO.                                                                               NOTE
02. 09.05.2024            VS, J
                                            I.A.No.1 of 2024

                                  Heard learned counsel for the petitioner
                          as well as learned Government Pleader for
                          Mines and Industries.
                                  The   present   writ   petition   is   filed
                          challenging the Award passed by the Andhra
                          Pradesh Cooperative Tribunal in O.A.No.6 of
                          2019, dated 23.02.2024 on the ground that the
                          Tribunal, duly referring the Judgment passed by
                          the Hon'ble Supreme Court in Greater Bombay
                          Cooperative Bank Limited Versus United
                          Yarn Tex Private Limited1, has set aside the
                          award by holding that the Deputy Registrar has
                          no jurisdiction/power or any authority to issue
                          certificate under Section 71(1) of the Act, 1964,
                          in respect of the debts or arrears above
                          Rs.10,00,000/-.
                                  Sri. P. Veera Reddy, learned Senior
                          Counsel appearing for the petitioner           has


     1
         2007 6 SCC 236
                                      2




SL.   DATE                            ORDER                                  OFFICE
NO.                                                                           NOTE
             brought to the notice of this Court that the
             judgment in Greater Bombay Cooperative
             Bank Limited Versus United Yarn Tex
             Private      Limited          (referred      supra)       was
             misunderstood by the Tribunal and has allowed
             the O.A.No.06 of 2019. But, however, the
             Hon'ble Apex Court in paragraph 90 and 91 of
             the aforesaid judgment has held as under:
                "90. For the reasons stated above and
                adopting      pervasive           and     meaningful
                interpretation of the provisions of the relevant
                statutes and Entries 43, 44 and 45 of list I and
                Entry 32 of List II of the Seventh Schedule of
                the Constitution, we answer the Reference as
                under:-
                  "Co-operative banks" established under the
                  Maharastra Co-operative Societies Act, 1960
                  [MCS Act, 1960]; the Andhra Pradesh Co-
                  operative Societies Act, 1964 [APCS Act,
                  1964];    and   the       Multi-State   Co-operative
                  Societies   Act,       2002     [MSCS   Act,    2002]
                  transacting the business of banking, do not fall
                  within the meaning of "banking company" as
                  defined in Section 5(c) of the Banking
                  Regulation Act, 1949 [BR Act]. Therefore, the
                  provisions of the Recovery Of Debts Due To
                  Banks And Financial Institutions Act, 1993
                  [RDB Act] by involving the Doctrine of
                  Incorporation      are    not    applicable    to   the
                  recovery of dues by the cooperatives from their
                                     3




SL.   DATE                          ORDER                                 OFFICE
NO.                                                                        NOTE
                  members.
                   91. The field of Co-operative Societies cannot
                 be said to have been covered by the Central
                 Legislation by reference to Entry 45, List I of the
                 Seventh Schedule of the Constitution. Co-
                 operative banks constituted under the co-
                 operative   Societies   Acts   enacted    by     the
                 respective states would be covered by co-
                 operative societies by Entry 32 of List II of
                 Seventh Schedule of the Constitution of India."
                   The Hon'ble Apex Court, in the above
             referred judgment has only held that the
             cooperative     banks,      established      under     the
             various cooperative societies act, including the
             Andhra Pradesh Cooperative Societies Act,
             1964, transacting the business of banking do
             not fall within the          meaning of "banking
             company" as defined in Section 5(c) of the
             Banking Regulation Act, 1949, the provisions of
             the Recovery of Debts Due to Banks and
             Financial Institutions act, 1993 by invoking the
             doctrine of incorporation are not applicable to
             the recovery of dues by the co-operatives from
             their members.
                   In view of the same, there shall be interim
             suspension of the operation of the order passed
             by the Andhra Pradesh Cooperative Tribunal,
             Vijayawada in O.A.No.06 of 2019, dated
                                     4




SL.   DATE                          ORDER                      OFFICE
NO.                                                             NOTE
             23.02.2024, for a period of eight (8) weeks.


                                                   _________
                                                     VS, J

                           W.P.No.11096 of 2024

                     Issue notice to the respondent No.1.

Learned counsel for the petitioner is permitted to take out personal notice on the respondent No.1 through registered post with acknowledgment due and file proof of service before the Registry.

Post the matter after Summer Vacation - 2024.

_________ VS, J MSI 5 SL. DATE ORDER OFFICE NO. NOTE