3. After notice both the proposed respondents have entered appearance through counsel. The 16th respondent, who is the finance company, has also filed a detailed counter. As far as Mr.Muthulingam the proposed 15th respondent is concerned, the learned counsel appearing for the proposed 15th respondent would state that on 05.10.2015, he had purchased the property, demolished the super structure and had put up a new construction in the said property and he is the bonafide purchaser for value. As far as the proposed 16th respondent namely M/s.Religare Finvest Limited is concerned, in the counter they have specifically stated that based on the title deed stood in favour of Muthulingam, they have advanced loan taking the property as security. Subsequently, Muthulingam has cleared the due on 30.04.2018 and therefore, they are no way connected with the suit and they are not the necessary party in the appeal.