( 1 ) THE second appeal is directed against the judgment and decree dated 21-03-2005, passed by the learned IX Additional Chief judge, City Civil Court (Fast Track Court), hyderabad, in A. S. No. 168 of 2004.

( 2 ) THE unsuccessful defendants are the appellants. The respondent herein filed the suit in O. S. No. 872 of 1998 on the file of the vii Seniorcivil Judge, Hyderabad for recovery of money of Rs. 1,25,000/- with interest at 24% per annum against the defendants and that suit having been decreed by the trial Court by its judgment, dated 01-12-2003, the defendants carried the matter in appeal and underthe impugned judgment and decree the appellate Court confirmed the judgment and decree passed by the trial Court. As aforesaid, the defendants are assailing the same.

( 3 ) WHEN the second appeal came up for admission, both the learned counsel appearing forthe parties agreed to address the arguments forfinal disposal of the appeal and accordingly arguments were addressed.

( 4 ) THE case of the plaintiff was that he was former Vice-Chancellor of University of hyderabad and a poet, novelist, short story writer of international repute and was conferred with the honour of padmabhushan

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