This appeal has been directed against the Judgment and Decree, dated 29.3.1996 made in O.S. No. 156 of 1994 on the file of the District Judge, Uthagamandalam.

2. The appellant herein was the plaintiff before the trial Court. The suit was filed against the respondent herein, directing him to pay a sum of Rs. 70,100/- with subsequent interest and costs.

3. According to the appellant/plaintiff, on 10.11.1991, the respondent herein had borrowed a sum of Rs. 44,000/- from the appellant at Uthagamandalam and executed the suit promissory note, marked as Exhibit A-3, promising to repay the amount with 24% interest. According to the appellant, subsequently, no amount was paid by the respondent and hence, the appellant filed the suit, seeking decree against the respondent herein.

4. According to the respondent, he had not borrowed any amount from the appellant and executed the promissory note, as alleged by the appellant. He has further contended that the respondent was a subscriber in the chit transaction run by the appellant, nearly 7 or 8 years prior to the date of filing of the suit, for which signed blank promissory notes were obtained from the respondent, since he had been t