No.1 is the borrower and petitioner No.2 and respondent No.2 are the guarantors. In Writ Petitions No.330/04 and 331/04, respondent No.2 is the borrower and the petitioners are the guarantors. In 1999- 2000, the principal borrowers obtained five different loans from the Goa State Cooperative Bank Ltd.- respondent No.1 herein (hereinafter, referred to as “the Bank”) and since there was default in payment of the loan amounts, on 28.8.2000, the Bank filed five different applications under Section 74 of the Multi- State Co-operative Societies Act, 1984 (hereinafter referred to as “the Act”), raising disputes in respect of the defaults committed in payment of the loan amount against the borrowers and the guarantors. The petitioners herein filed their replies. Respondent No.4, before whom the dispute was referred, after perusing the documents produced by the appellants, by separate Judgments and Orders dated 7.9.2001 allowed the claims in each of the applications filed by the Bank. Aggrieved by the Judgments and Orders, the petitioners filed appeals before the Registrar of Co-operative Societies (respondent No.3) under Section 90 of the Act. Since the appeals were barred by limitation, they were accompanied by applications for condonation of delay. After hearing the parties, respondent No.3 by separate Judgments and Orders dated 16.3.2004, dismissed all the five appeals filed by the petitioners.
