1. Impugning the fair and decreetal Order dated 3.3.2005 and made in I.A. No.19268 of 2004 in O.S. No.3206 of 2004, on the file of the City Civil Court, Chennai, this Memorandum of Civil Revision is filled by the Revision Petitioner.

2. The Respondent herein has filed a Suit in O.S.No.3206 of 2004, under Order 37, Rule 1 of the Code of Civil Procedure, as against the Revision Petition herein on the file of the City Civil Court, Chennai claiming a sum of Rs.4,19,761/-together with interest at the rate of 24% per annum on the said amount, from the date of Plaint till the date of realization.

3. The Revision Petitioner herein has filed an interlocutory application in I.A. No.19268 of 2004, under Order 37, Rule 3, C.P.C., on the file of the above said Court seeking the relief of granting leave to defend in the Suit.

4. The Respondent herein has also contested the above interlocutory application by filing a detailed Counter Affidavit.

5. On considering the submissions of both sides and on evaluating the related facts and circumstances based on the documents produced on behalf of the Respondent, the learned II Assistant Judge, who was placed in additional charge of I Assistant