The Manager The Maharashtra State Coop. ... vs Farmer Bank Employees Cooperative ...

The Supreme Court addressed the appeal concerning the allotment of residential tenements to employees of The Maharashtra State Cooperative Bank Ltd. under the Consumer Protection Act, 1986, specifically Section 12. The Court held that the employees, having repaid their loans, were entitled to the transfer of the tenements in their names as per the resolution passed by the bank's Executive Committee. The Court emphasized the need for compliance with the resolution and legal formalities for the transfer of property rights, ultimately upholding the employees' rights to the tenements.