JUDGMENT:- The plaintiffs in O. S. No. 4120 of 1968 on the file of the City Civil Court, Madras, are the appellants herein. They are admittedly the owners of premises No. 38/3, Mount Road, Madras. The respondent herein took on lease the ground floor of the above premiers on a rent of Rs. 4,000 per month. The lease was evidenced by a registered deed dated 22-4-1964, Ex. A-1, in this case. On the same data, an agreement also was entered into between the parties. The lease was to commence from 1-1-64 and to be in force for a period of three years till 31-12-1966. The lease deed contained a covenant for renewal at the option of the lessee for a further period of three years on the same condition as contained in Ex. A-1. It is the admitted case of the parties that before the expiry of the three years prescribed in Ex. A-1, namely 31-12-1966, the respondent herein exercised the option to renew the lease for a further period of three years and the appellants herein assented to the same. Later in 1967, it would appear that the Secretary of the respondent company had met the second appellant on several days and informed him that the respondent would like to vacate the portion which