This appeal is focussed as against the judgment and decree dated 17.06.1993 passed by the learned V Additions Judge, City Civil Court, Madras in dismissing the suit in O.S.No.10758 of 1988, which was filed by the plaintiffs as against the defendants for recovery of a sum of Rs.29,000/-. For convenience sake, the parties are referred to here under according to their litigative status before the trial Court.

2. Broadly but briefly, narratively but precisely, the case of the plaintiffs as stood exposited from the plaint could be portrayed thus:

One K.M K. Muthiah Chettiar, the husband of the first plaintiff and father of the second plaintiff Invested in the first defendant company large amounts by way of shares, in addition to having deposited a sum of Rs.36,400/- as Fixed Deposits in the same concern. Subsequently, he died, leaving behind the plaintiffs as his legal heirs; whereupon the plaintiffs got renewed the fixed deposits after withdrawing a sum of Rs.7,400/-- from the aforesaid sum of Rs.36,400/-. Those fixed deposits were for two years initially and renewed subsequently. Accordingly those fixed deposits were renewed up to 111. 1980; interest was received up to 111.