This appeal has been projected by the appellants/defendants as against the Judgment and decree dated 26. 2002 made in O.S.No.61 of 2001 on the file of Additional District Court-cum Fast Track Court-1, Erode.

2. The relevant facts of the case are set out hereunder:

On 29. 1988, the second defendants husband Shanmugam, during his life time, has owed a sum of Rs.3,00,000/- from the first respondent/plaintiff promising to repay the same with interest at the rate of 18% p.a and executed the suit pronote. Further he has not paid any amount either towards principal or interest. The first appellant/first defendant is the mother and second appellant/second defendant is the wife and third appellant/third defendant is the daughter of the deceased Shanmugam. Inasmuch as the appellants 1 to 3 have succeeded the estate of deceased Shanmugam of legal representatives, they are bound to discharge the loan amount borrowed by him. Since the appellants have failed to repay the loan amount, the suit is laid for recovery of a principal sum of Rs.3,00,000/- together with interest of Rs.54,000/- totaling in all a sum of Rs.3,54,000/- directing the appellants/defendants 1 to 3 to pay the said am