BASHEER AHMED SAYEED, GOVINDA MENON
Aravala Chinapapinaidu – Appellant
Versus
Imperial Bank of India, Vizianagaram and others – Respondent
GOVINDA MENON, J. :- The appellants before us were the defendants-judgment debtors in O.S. No. 55 of 1931 on the file of the Sub Court of Berhampore. On a number of bills for discount as well as demand promissory notes executed by some of the defendants in favour of others and which were discounted with the Imperial Bank of India, O.S. No. 55 of 1931 was brought for the recovery of a sum of Rs. 11089-12-0 with interest and costs, etc., against sixteen defendants. The monies due to the bank under these bills and promissory notes were secured by means of a mortgage bond dated 9-1-1931 and hence the plaintiff i.e., the Bank, brought the suit for recovery of the amount by sale of the mortgaged property. The preliminary decree dated 24-9-1932 was confirmed by a final decree dated 24-11-1936 and thereafter the decree-holder Bank assigned the decree in favour of the second counter petitioner in the court below whose estate is now being managed by respondents 4 and 5 as receivers appointed by court. I.A. No. 190 of 1945 was filed by the present appellants under Section 19, Madras Agriculturists Relief Act, for scaling down the debt due on the ground that they are agriculturists en
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