Clause (d) of Rule 47 makes the committee of the society responsible for the maintenance and safety of all records, cash and other accounts of the society and to see that the officers concerned discharge their functions and their duties as per the rules and bye-laws. Clause (d) of Rule 47 is a non obstante clause. Therefore, there was no reason for imposing the liability on the president alone just because he executed a bond Ext.P5. I am unable to find anything in this judgment to fasten the liability on the President alone, as contended by the learned Counsel for the Bank. The judgment of this court is to the effect that the members of the committee will be equally responsible. The provision in Rule 47(d) starting with a non-obstante clause fastens the liability on all the members of the committee. Therefore, to that extent, the finding of the Arbitrator as well as the tribunal cannot be said to be in terms of the Rules. Therefore, the impugned orders Exts.P2 and P4 to the extent it makes the petitioner alone, among the members of the committee, responsible for the loss sustained by the bank is unsustainable. Accordingly, the award Ext.P2 and the judgment Ext.P4 to the extent it relates to the petitioner are set aside. It will be open for the 2nd respondent bank to seek appropriate
