V.RAMASUBRAMANIAN, T.MATHIVANAN
G. M. Jagannathan – Appellant
Versus
H. Indira – Respondent
T. Mathivanan, J.
1. Challenging the Judgment and Decree dated 12.2.2013 made in O.S. No. 44 of 2009 on the file of the learned Principal District Judge, Vellore, this Memorandum of regular Appeal has been preferred by the Defendants in the Suit. The Respondents 1 & 2 herein are the Plaintiffs. The Respondents 1 & 2 have filed the above Suit as against the Appellants seeking the following relief's:
1. To direct the Defendants to pay a sum of Rs. 46,26,335 to the Plaintiffs with future interest at the rate of 24% per annum till payment is made in full.
2. To direct the Defendants to pay the cost of the Suit.
3. Granting other relief's, which may deem fit and proper.
2. The Defendants have contested the Suit by filing their Written Statements. However, on appreciation of the evidences, both oral and documentary, available on record, the Trial Court has proceeded to Decree the Suit, directing the Defendants to refund the advance of Rs. 30,33,000 to the Plaintiffs with interest at the rate of 18% from the date of Sale Agreement i.e., 29.01.2007 till the date of filing of Suit, i.e., 6.4.2009 and thereafter at 6% per annum on the advance amount of Rs. 30,33,000, till the date of re
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