JUDGMENT:

This Second Appeal is filed by the appellant - appellant - defendant aggrieved by the judgment and decree dated 24.03.2004 passed in A.S.No.106 of 2003 by the learned VI Additional District & Sessions Judge (Fast Track Court), Nizamabad confirming the judgment and decree dated 16.04.2003 passed in O.S.No.70 of 1996 by the learned Senior Civil Judge, Nizamabad.

2. The respondent is the plaintiff and the parties are hereinafter referred as arrayed before the trial court.

3. The plaintiff filed the suit for recovery of money of Rs.68,800/- with future interest @ 2 % per month on the decretal amount. The plaintiff averred that he gave the defendant a sum of Rs.40,000/- as loan on 27.07.1993 at Nizamabad in the presence of two witnesses by name Sri B.H.Raj Gopal Rao and Sri L.Sreedhar and the defendant executed a promissory note on 27.07.1993 in favor of the plaintiff at Nizamabad for the said loan amount agreeing to repay the same on demand along with interest @ 2 % interest per month. Subsequently, when the plaintiff approached the defendant and demanded her to repay the loan amount, she dodged the matter. She failed to pay any amount to the plaintiff for nearly three (03) year