Demand notice dt. 15.09.2O2O u/s 13(2) of the SARAFAESI Act, 2OO2 and the said notice was sent to the Applicant through Regd. Post as evidenced by the postal track reports filed by the Respondents. When the Applicant failed to comply with the said demand notice, the Respondents issued possession notice dt. 12.1O.2O2O u/s 13(4) of the Act,2002 and sent the said notice to the Applicant through Regd. Post. The said possession notice was published in Telugu and English daily newspapers as evidenced by the copies of paper publication filed by the Respondents. Thereafter, when the Respondents initiated proceedings for taking physical possession of the secured asset by Iiling Cr1.M.P .No.7 I l2O2I, challenging the said proceedings, the Applicant filed SA 5122 arrd the said SA was dismissed by this Tribunal on merits and so, the Applicant again cannot re-agitate the issue of demand notice and possession notice in the present SA. Thereafter, the Respondents being secured creditors, again proceeded u/s 14 of the SARFESI Act,2OO2 for taking physical possession of the schedule property by frling Cr1.M.P.No.394l24 on the hle of Ld.lX Addl.CJM, Hyderabad and the Ld.IX Addl.CJM, Hyderabad by considering the material on record, appointed advocate commissioner for taking physical possession of the schedule property and the said advocate commissioner issued notice to the Applicant to vacate the schedule property and challenging the said proceedings, the Applicant filed the present SA, however not complied with the conditional stay order granted by this Tribunal.
