THE HONOURABLE DR.JUSTICE G.RADHA RANI C.C.C.A.No.113 of 2019

JUDGMENT:

This appeal is filed by the appellant - defendant aggrieved by the judgment and decree passed in O.S.No.141 of 2012 dated 19.11.2018 by the XXVII Additional Chief Judge, City Civil Court, Secunderabad.

2. The respondent is the plaintiff.

3. The parties are hereinafter referred as plaintiff and defendant before the trial court.

4. The plaintiff filed the suit for recovery of an amount of Rs.10,00,000/- submitting that the plaintiff and defendant had acquaintance with each other. They were known to each other for a long time and out of the said acquaintance, the defendant approached the plaintiff and requested to advance a sum of Rs.10.00 lakhs to meet his compelling business requirements and promised to repay the same within a short period. Accordingly, the plaintiff considered his request and advanced the said sum of Rs.10.00 lakhs to the defendant on 25.08.2009. The said amount was paid by the plaintiff through cash. While receiving the said sum, the defendant executed a demand promissory note agreeing to repay the same with interest @ 2 % per month. The above transaction was witnessed by two witnesses namely (1)