JUDGMENT

(Prayer: Second Appeal is filed under Section 100 of C.P.C, to set aside the judgment and decree of the lower Appellate Court dated 26.10.2017 passed in A.S.No.47 of 2018 on the file of the VI Additional District Court, Madurai, modifying the judgment and decree of the trial Court dated 23.06.2017 passed in O.S.No.713 of 2015 on the file of the Principal Subordinate Court, Madurai.)

1. The defendant is the appellant.

2. The plaintiff filed O.S.No.713 of 2015 before the Principal Subordinate Court, Madurai for recovery of money of Rs.2,50,000/- along with interest at the rate of 24% per annum based upon a pro-note said to have been executed by the defendant on 10.10.2012. The suit was dismissed by the trial Court. The plaintiff filed A.S.No.47 of 2017 before the VI Additional District Court, Madurai. The learned District Judge was pleased to reverse the judgment and decree of the trial Court and granted a decree in favour of the plaintiff. As against the same, the present second appeal has been filed by the defendant.

3. The plaintiff has contended that he is doing pawn broker business and money lending business and he is having license for doing the said businesses. According