The averments made in the application, in brief, are that, the Applicant is a company registered under the provisions of the companies Act, 1956 and it is an authorised dealer of Mahindra and Mahindra Ltd. The Applicant entered into a Registered Lease Deed vide document No.7634 12021 dt. 1g.06.2021 with Respondent No.2 company in respect of the schedule property situated at Mahabubnagar District for a monthry rent of Rs.3 lakhs. After taking possession of the schedule property, the Applicant has invested an amount of Rs.1.5 crores for renovation, beautification and installation of equipments and improvement of the civil structure in the schedule property and is running a showroom cum service centre in the schedule property and has been paying the monthly rent regularly. The 2"d Respondent is a partnership firm represented by its Directors Respondents No.3&4 and Respondent No.2 initialry entered into a Lease deed dt.11 .06.2021 with Respondents No.3 & 4 who are the owners of the schedule property. The Respondent No.1 bank through Advocate commissioner issued Vacate Notice d,t.12.or.2023 and a copy of the said notice was affixed on the wail of the schedule property. Upon enquiry, the Applicant came to know that Respondent No.2 has availed loan facilities from the Respondent No.1 bank and Respondents No.2 to 4 have created equitable in respect of the schedule property in the year 200g. Th k filed O.A. No.3t6l20 before this Tribunal .f$dn; ini ings under the provisions of SARFAESI Act.p$'f5Z Uy fili nd the said sA was dismissed for defaulr., ri?e1affi[icffi$ nad,' L,,r,rB Lom D, rr r unning au tom o bil e s h ow room ,oij-'..*orkshon "r{f,;.ygkshop in . ;;. .#,thr ule property and the Respondents never r;ffi..,F:_ABed bout futI[1:)
