S. Rajeswaran, J

This application has been filed by the applicant/plaintiff to pass a judgment on admission of the outstanding amount set out in the Memorandum of Understanding dated 26. 2003 between the parties that the respondent/defendant has accepted the liability.

2. The plaintiff in C.S. No.193 of 2005 is the Applicant herein. The plaintiff filed C.S. No.193 of 2005 for the following reliefs:

(a) pass a judgment and decree directing the defendants to pay jointly and severally a sum of Rs.1,92,56,050.90 together with interest at 18% per annum on Rs.1,92,56,050.90 together with future interest from the date of filing of the plaint till the date of realisation.

(b) In default, by the defendants to pay the aforesaid amount within the time stipulated by this Court, direct the plaintiff to sell the properties mentioned in the Schedule to the plaint and after defraying the expenses and cost of the sale apply the sale proceeds towards the payment of the amount directed to be paid by this Court and if any deficiency arises, to permit the plaintiff to recover the same from the defendants personally.

3. The respondents/defendants entered appearance in C.S.No.193 of 2005 and fi