JUDGMENT

The unsuccessful plaintiff in a suit for recovery of money is the appellant in the present Appeal Suit.

2.Pleadings:

The plaint in brief:

(a) The plaintiff and the defendant are known to each other for two decades. The plaintiff is a civil contractor doing Government and private works, earning Rs.5 lakhs per annum, besides owning landed properties, from which additional income of Rs.3 lakhs per annum accrues. The defendant is doing business in coconut, mango and tamarind and also possesses lorries and a tractor, through which he does transport business in the same village. The plaintiff was approached by the defendant on 15-07-2019, for a hand loan of Rs.23 lakhs, for improving his business and also to discharge family debts. In view of the close acquaintance, the plaintiff lent a sum of Rs.23 lakhs by cash on 30-07-2019. The defendant agreed to repay the same within 30 days and had issued a post-dated cheque, bearing No.003306 dated 30-08-2019. After the expiry of 30 days, the plaintiff approached the defendant and requested for repayment and since the defendant requested the plaintiff to present the cheque after 2 weeks for collection, the plaintiff waited for 2 weeks and pr