dated 7.3.2003 to the applicant herein. In paragraph 4 of that notice, it is specifically asserted that the applicant, being a public sector undertaking, as described in the Maharashtra Rent Control Act, 1999 (for short, 'said Act') and the paid up share capital is more than one crore, the said Act is not applicable and the relations between the parties are governed by the provisions of the Transfer of Property Act, 1882. He also invited my attention to the reply dated 21.3.2003 given on behalf of the applicant and in particular paragraphs 2 and 4 thereof. In paragraph 2, it is asserted that the applicant was paying Rs.750/- p.m to the landlord as per terms of the Lease Deed and monthly tenancy of the applicant was also admitted. In paragraph 4 of the reply, the contents of the paragraph 4 of the notice about applicability of the said Act were said to have been correct. He, therefore, submitted that the applicant has admitted the assertions made in paragraph 4 of the notice about the paid up share capital being more than Rs. One crore and consequently the provisions of the said Act are not applicable. 4. I have considered the rival submissions made by the learned counsel appearing for the parties. I have also perused the material on record. As noted earlier, the main argument advanced by Ms Gadre is that the suit instituted by the respondent is liable to be dismissed for non joinder of necessary