V. RAMASUBRAMANIAN, J.

The applications A. Nos. 4144 of 2007 and 4145 of 2007 and O.A. No. 729 of 2007 are by the plaintiffs seeking inter alia (i) stay of operation of the Sale Certificate No. 53 of 2006 dated 31.8.2006 issued by the Debts Recovery Tribunal-II, Chennai, (ii) leave under Order 2Rule 2 C.P.C., to seek appropriate reliefs regarding possession, on the basis of the same cause of action, in subsequent proceedings and (iii) interim injunction restraining the fourth defendant from dealing with the suit ‘A‘ schedule property. The application A. No. 4349 of 2007 has been taken out by the fourth defendant for rejecting the plaint under Order 7Rule 11 C.P.C.

2. I have heard Mr. P.S. Raman, learned Additional Advocate General, appearing for the plaintiff, Mr. V. Girish Kumar, learned counsel appearing for the third defendant-Bank and Mr. N.R. Chanaran, learned Senior Counsel appearing for the fourth defendant. The second defendant is a company under liquidation and hence notice was served on the Official Liquidator, but he did not choose to appear. Notice was served also on the first defendant but they have not chosen to appear.

3. The second defendant herein viz.,