G.JAYACHANDRAN
Anandan – Appellant
Versus
Gajendran – Respondent
JUDGMENT :
(Prayer: Second Appeal has been filed under Section 100 of the Civil Procedure Code against the judgment and decree dated 30.03.2009 made in A.S.No.42 of 2008 on the file of the Subordinate Judge, Vellore, Vellore District reversing the judgment and decree dated 09.10.2007 made in O.S.No.1745 of 2004 on the file of the Principal District Munsif, Vellore, Vellore District.)
(The case has been heard through video conference)
1. The second appeal is preferred by the defendant, who suffers decree in a suit filed for recovery of money based on pro-note.
2. The respondent herein has filed a suit in O.S.No.1745 of 2004 before the Principal District Munsif Court, Vellore for recovery of money based on the pronote dated 15.12.2001 alleged to have been executed by the appellant herein. According to the plaintiff/respondent, the appellant/defendant herein borrowed Rs.40,000/- and promised to repay it with 24% interest. However, inspite of issuing legal notice dated 23.07.2004, the defendant did not repay the money. Hence, suit for recovery of Rs.66,425/- being the principal amount Rs.40,000/- and interst Rs.26,425/- at the rate of 24% p.a.
3. The suit was defended by the appellant herei
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