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Tjsb Sahakari Bank Ltd. vs State Of Maharashtra
2026 Latest Caselaw 1129 Bom

Citation : 2026 Latest Caselaw 1129 Bom
Judgement Date : 2 February, 2026

[Cites 2, Cited by 0]

Bombay High Court

Tjsb Sahakari Bank Ltd. vs State Of Maharashtra on 2 February, 2026

Author: Amit Borkar
Bench: Amit Borkar
2026:BHC-AS:5165
                                                                   12-18-wp-1283-2026 with connected.doc


                        Shabnoor
                                   IN THE HIGH COURT OF JUDICATURE AT BOMBAY
                                           CIVIL APPELLATE JURISDICTION

                                               WRIT PETITION NO.1283 OF 2026
SHABNOOR
AYUB                    TJSB Sahakari Bank Ltd.
PATHAN
 Digitally signed by
 SHABNOOR AYUB
                        A Multistate Coope Bank & Anr.                 ... petitionerss
 PATHAN
 Date: 2026.02.02
                                    V/s.
 15:49:26 +0530
                        The State of Maharashtra & Ors.                ... Respondents

                                                           WITH
                                               WRIT PETITION NO.1284 OF 2026

                        TJSB Sahakari Bank Ltd.
                        A Multistate Coope Bank & Anr.                 ... petitionerss
                                    V/s.
                        The State of Maharashtra & Ors.                ... Respondents

                                                           WITH
                                               WRIT PETITION NO.1285 OF 2026

                        TJSB Sahakari Bank Ltd.
                        A Multistate Coope Bank & Anr.                 ... petitionerss
                                    V/s.
                        The State of Maharashtra & Ors.                ... Respondents

                                                           WITH
                                               WRIT PETITION NO.1286 OF 2026

                        TJSB Sahakari Bank Ltd.
                        A Multistate Coope Bank & Anr.                 ... petitionerss
                                    V/s.
                        The State of Maharashtra & Ors.                ... Respondents

                                                           WITH
                                               WRIT PETITION NO.1286 OF 2026

                        TJSB Sahakari Bank Ltd.
                        A Multistate Coope Bank & Anr.                 ... petitionerss
                                    V/s.



                                                             1
                       ::: Uploaded on - 02/02/2026                ::: Downloaded on - 03/02/2026 20:33:53 :::
                                             12-18-wp-1283-2026 with connected.doc


 The State of Maharashtra & Ors.                ... Respondents


                                    WITH
                        WRIT PETITION NO.1287 OF 2026

 TJSB Sahakari Bank Ltd.
 A Multistate Coope Bank & Anr.                 ... petitionerss
             V/s.
 The State of Maharashtra & Ors.                ... Respondents

                                    WITH
                        WRIT PETITION NO.1289 OF 2026

 TJSB Sahakari Bank Ltd.
 A Multistate Coope Bank & Anr.                 ... petitionerss
             V/s.
 The State of Maharashtra & Ors.                ... Respondents

                                    WITH
                        WRIT PETITION NO.1290 OF 2026

 TJSB Sahakari Bank Ltd.
 A Multistate Coope Bank & Anr.                 ... petitionerss
             V/s.
 The State of Maharashtra & Ors.                ... Respondents



 Mr. Aadesh M. Patil, for the petitionerss in all WPs.
 Ms. Dhruti Kapadia, AGP, for the State - Respondents
 in all the WPs.


                                 CORAM    : AMIT BORKAR, J.
                                 DATED    : FEBRUARY 2, 2026
 P.C.:

1. The petitioners, a co operative bank within the meaning of the Maharashtra Cooperative Societies Act, have invoked the writ

12-18-wp-1283-2026 with connected.doc

jurisdiction of this Court to question the findings recorded by the Revisional Authority in revisions preferred by the borrowers. Those revisions were directed against orders of attachment issued under sub rule 11 of Rule 107 of the Maharashtra Cooperative Societies Rules, 1961. The attachment orders were passed in the course of recovery proceedings initiated by the bank. The borrowers sought to assail the legality of such attachment by invoking revisional powers. While dealing with those revisions, the Revisional Authority dismissed the same on merits. However, it recorded certain observations on the question of maintainability which have given rise to the present challenge.

2. The limited grievance of the petitioners is not directed against the dismissal of the revisions as such. The challenge is confined to the finding recorded by the Revisional Authority that the statutory bar contained in Section 154(2A) of the Maharashtra Cooperative Societies Act, 1960 would not preclude the entertainment of a revision application against an order of attachment. According to the petitioners, once the legislature has imposed a restriction on the revisional jurisdiction in respect of specified orders, the authority could not have diluted that restriction by observing that a revision against an attachment order would nonetheless be maintainable. The petitioners submit that such a declaration, even if not operative in the present case, may be relied upon in future proceedings to defeat their objection to the maintainability of similar revisions.

3. It is urged that the petitioners have substantive remedies available for recovery of their dues and that the statutory

12-18-wp-1283-2026 with connected.doc

framework under Rule 107 provides a complete code for attachment and sale. The apprehension expressed is that if the view taken by the Revisional Authority is treated as a binding precedent, it may open the floodgates for borrowers to challenge attachment orders by way of revision, thereby delaying recovery. It is further contended that objections which may be raised under sub rule 19 of Rule 107, particularly by third parties claiming interest in the attached property, could also be prejudicially affected if the maintainability of revision applications is treated in a liberal manner.

4. Upon a careful consideration of the rival submissions, I find that the apprehension of the petitioners is misconceived. The question whether a revision application is maintainable under Section 154(2A) is a jurisdictional issue between the revisional forum and the applicant invoking such jurisdiction. That question does not and cannot curtail the statutory rights of the petitioners to contest any objection raised under sub rule 19 of Rule 107. Proceedings under sub rule 19 are of a distinct and limited character. The authority conducting such enquiry is required to determine whether the objector establishes an independent right, title or interest in the attached property. The enquiry is summary in nature and is confined to the claim of the objector. It does not reopen the validity of the attachment order on grounds which fall outside the scope of that sub rule.

5. The maintainability of a revision against an attachment order under Section 154(2A) operates in a different field. Even assuming that a revision is entertained, the revisional authority would

12-18-wp-1283-2026 with connected.doc

examine the legality or propriety of the attachment in accordance with law. Such examination does not enlarge or restrict the enquiry contemplated under sub rule 19. The two remedies function in separate spheres. A finding on maintainability in one proceeding cannot govern the adjudication in another, particularly when the statutory scheme clearly delineates their scope.

6. In that view of the matter, no prejudice in law is shown to have been caused to the petitioners by the observations of the Revisional Authority. The rights of the petitioners to resist any objection under sub rule 19, and to pursue recovery in accordance with Rule 107, remain intact and unaffected.

7. The petitions are accordingly disposed of with the above clarification.

(AMIT BORKAR, J.)

 
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