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Showing contexts for: section 91 mcs act in The Sahebrao Deshmukh Co Operative Bank ... vs Vijay Hanmantrao Shinde And Ors on 23 April, 2024Matching Fragments
4. Learned counsel for the petitioner thus submits that in view of the terms of the OTS scheme, respondent no. 1 is precluded from any benefit under the scheme. He further submits that in such circumstances, in the event of any dispute with regard to implementation of the OTS proposal, there is a remedy to file Dispute under Section 91 of the The Maharashtra Cooperative Societies Act, 1960 ("MCS Act").
5. Learned counsel for respondent no. 1 submits that once the OTS scheme was accepted by the petitioner, no fault can be found in the impugned order. According to respondent no. 1, amount accepted under OTS scheme is paid.
7. In view of the aforesaid, pendency of this petition and grant of interim relief shall not be any impediment for respondent no. 1 to adopt appropriate remedies by filing Dispute under Section 91 of the MCS Act, if permissible under the law.
8. Hence, during the pendency of the petition, there will be interim relief in terms of prayer clause (c).