Alfred Henry Lionel Leach, C.J.

1. The appellant was indebted to the respondent under a deed of mortgage. The appellant applied to the Debt Conciliation Board, Coimbatore, for a settlement of the debt and the Board decided that the appellant should pay to the respondent a sum of Rs. 664. As a result of this direction an agreement was executed by the parties on the 19th August, 1939, whereby it was agreed that the appellant should pay the amount within a period of four months and that if it was not paid within that time the respondent should be at liberty to recover the sum with interest which had accrued thereon and costs by executing the agreement as a decree for the sale of the mortgaged property. Sub-section (2) of Section 14 of the Madras Debt Conciliation Act states that an agreement made under the first subsection (the agreement here was made under that sub-section) shall, within thirty days from the date of the making thereof, be registered under the Indian Registration Act by the chairman of the Board in such manner as may be prescribed and it shall then take effect as if it were a decree of a Civil Court and be executable as such. The agreement was registered and th