MARKANDEYA KATJU, C. J.

( 1 ) THIS appeal has been filed against the judgment of the additional District Judge Delhi in Suit No. 560/04/01.

( 2 ) HEARD learned counsel for the parties and perused the record.

( 3 ) THE Plaintiff/respondent filed a suit for ejectment, recovery of Rs. 58000/- and damages of Rs. 29,000/- per day w. e. f. 1. 7. 2001 in respect of premises No. 625-632, ward VI, Chandni Chowk, Delhi against the defendant on 2. 7. 2001.

( 4 ) THE Plaintiff/respondent are owners of the suit premises. They inducted the defendant bank as a tenant of the said premises in an area of 5528 sq. ft.

( 5 ) THE lease deed executed on 10. 9. 1990 between the lessors and the appellant bank (lessees) stated that the lease is for 10 years commencing from 1. 7. 1986 i. e. ending on 30. 6. 1996. There was a clause in the lease deed which stated that the lessee shall have the right to renew the lease of the premises for another period of five years after 30. 6. 1996 on the same terms and conditions except increase of rent by 20%. The initial rate of rent was Rs. 47520/- per month. The tenancy of the appellant bank was to expire on 30. 6. 1996, but the defendant bank (the appellant) exercise

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