JUDGMENT :

G. CHANDRASEKHARAN, J.

1. This Appeal is filed against the judgment and decree dated 11.09.2015 made in O.S.No.9 of 2012 on the file of the Principal District Judge, Erode.

2. The respondent, as the plaintiff, filed a suit for recovery of a sum of Rs.29,54,000/- with subsequent interest and costs from the appellants/defendants.

3. The case of the respondent/plaintiff, in brief, is as follows:-

The respondent's father V.M.Shanmugam took two life insurance polices for Rs.30,000/- in policy No.761799305 dated 15.11.1997 and for Rs.5,70,000/- in policy No.761976635 dated 28.01.1998. He was paying the premium till his death. The respondent is a nominee under both the policies. The said V.M.Shanmugam died in a road accident on 28.08.1998. A case was registered and taken cognizance in S.T.C.No. 693/1998 against the driver of the vehicle and the driver was punished by learned Judicial Magistrate, Kodumidi. As a nominee, the respondent is entitled to receive double the amount of policy amounts. The respondent raised claim for the said amounts and that was acknowledged by the appellants through their acknowledgment dated 08.09.1998. Subsequently, the appellants refused to settle the po