JUDGMENT :

(Prayer: Second Appeal has been filed under Section 100 of CPC against the Judgment and Decree dated 29.02.2008 passed in A.S.No.72 of 2006 on the file of the Principal District Court, Kancheepuram, confirming the Judgment and Decree dated 07.02.2006 passed in O.S.No.73 of 2000 on the file of the Principal Subordinate Court, Chengalpattu).

1. Challenge in this second appeal is made to the Judgment and Decree dated 29.02.2008 passed in A.S.No.72 of 2006 on the file of the Principal District Court, Kancheepuram, confirming the Judgment and Decree dated 07.02.2006 passed in O.S.No.73 of 2000 on the file of the Principal Subordinate Court, Chengalpattu.

2. For the sake of convenience, the parties are referred to as per their rankings in the trial Court.

3. The defendant in O.S.No.73 of 2000 is the appellant in the second appeal.

4. Suit for recovery of money.

5. Briefly stated, the case of the plaintiff is that the plaintiff is a Partnership Firm consisting of partners viz., S. Paulraj and M.A. Arivazhaghan (defendant) and carrying on business in financing on interest, hire purchase, leasing, investments, acceptance of deposits and such other business, the partners may agree and