1. The Appellant/Plaintiff has filed the present Appeal before this Court as against the Judgment and Decree dated 22.09.2003 in O.S.No.3230 of 2001 passed by the Learned II Additional City Civil Court Judge, Chennai.

PLAINT FACTS:

2. The 2nd Respondent/2nd Defendant was the neighbour of the Appellant/Plaintiff. He introduced his brother-in-law, the 1st Respondent/1st Defendant, who was doing the Real estate business and he needed funds for his business. On several occasions, the Appellant/Plaintiff advanced a loan to the 1st Respondent/1st Defendant which was repaid by him together with interest @24% per annum. In June 1999, the 1st Respondent/1st Defendant approached the Appellant/Plaintiff and wanted a sum of Rs.6.5 lakhs for purchasing a property and promised to return the said amount, within a period of eight months, at the latest by February 2000.

3. The Appellant/Plaintiff advanced a sum of Rs.6.5 lakhs on 15.06.1999 and that the 1st Respondent/1st Defendant executed a Promissory Note for an amount of Rs.6.5 lakhs on 15.06.1999, promising to repay the loan along with interest @24% per annum. The 3rd Respondent/3rd Defendant after receipt of an amount of Rs.35,000/- e