This case has a very chequered history. However, the relevant facts, which need a necessary mention for the limited purpose of deciding the core controversy, involved in the instant writ petition and emanating from the record, are that The Shakti Cooperative House Building Society Limited (respondent No.2) (for brevity “respondent-Society”) is governed by the provisions of The Punjab Cooperative Societies Act, 1961 (hereinafter to be referred as “the Act”). It had purchased the land from Jiwan Singh, Gian Singh and Teja Singh sons of Atma Singh of village Dugri, Tehsil and District Ludhiana, for the purpose of providing residential accommodation to its members. The petitioner claimed that the remaining land measuring 3000 square yards was also given to the respondentSociety on the mutual understanding that it (respondent-Society) would allot three plots to them (vendor/owners). The resolution dated 5.6.1972 was claimed to have been passed by the respondent-Society in this regard. Later on, the entire land was acquired by the Improvement Trust, Ludhiana for Model Town Extension Part-II Scheme. According to the petitioner, Jiwan Singh kept demanding the plot as per promise, but the respondent-Society did not allot on the pretext of non-availability of plot measuring 500 square yards. Bhajan Kaur, wife and Gurmukh Singh, son of one of the vendor/owners Jiwan Singh, became the members and the respondent-