B.S. SHESHAGIRI SETTY & ORS. ETC. vs STATE OF KARNATAKA & ORS. ETC.

The Supreme Court upheld the High Court's dismissal of the appellants' appeals, affirming that the Revision Petition filed under Section 108 of the Karnataka Cooperative Societies Act, 1959 was barred by limitation. The Court emphasized that the appellants, who had defaulted on their loan repayments, could not challenge the ex parte award of the Arbitrator or the subsequent auction sale of their mortgaged property. The judgment reinforces the importance of adhering to statutory timelines in cooperative society disputes.