INTRODUCTORY FACTS:

M/s.Srinivasa Rice Miller represented by its proprietor, the defendant in O. S. No. 59 of 1987 on the file of the Subordinate Judge, Machilipatnam preferred the present appeal. The respondent herein M/s.Satyasri Rice Mill Contractors Company represented by its managing partner, the plaintiff in the suit filed the suit for recovery of a sum of Rs.84,931-51 ps., together with future interest @ 24% per annum from the date of suit to till the date of realization and for the costs of the suit. An amount of Rs.55,947/- was deposited even before the settlement of issues and in relation to the rest of the suit claim the evidence of P.Ws.1 and 2 and D.Ws.1 to 3 was recorded, Ex.A1 to Ex.A14 and Ex.B.1 to B.57 were marked and ultimately the learned Judge decreed the suit partly for Rs.15,777/- together with interest @ 15% per annum from 18.8.1987 till realization and also directed the defendant to pay interest @ 15% per annum from 31.10.1986 to 18.8.1987 on Rs.71,924/-, and negatived the relief of damages of Rs.5,000/- and also the rest of the suit claim, awarded proportionate costs of the suit, i.e., court fee paid on Rs.71,924/- plus interest calcula