THE HON’BLE SRI JUSTICE ABHINAND KUMAR SHAVILI

AND

THE HON’BLE SRI JUSTICE VAKITI RAMAKRISHNA REDDY

APPEAL SUIT. No. 318 of 2013

JUDGMENT: (Per Hon’ble Sri Justice Vakiti Ramakrishna Reddy

This Appeal Suit is filed by the appellant/plaintiff against the

Judgment and Decree dated 15.02.2013 in O.S. No. 31 of 2008 on the file of Senior Civil Judge, at Sathupalli, Khammam, wherein the suit filed by the plaintiff against the defendant for recovery of

money was dismissed.

2. For the sake of convenience, the parties will be referred as

arrayed before the trial Court.

I. BRIEF FACTS

3. The plaintiff filed a suit vide O.S. No. 31 of 2008 against the sole defendant for recovery of Rs.5,70,500/- with subsequent interest @ 24% per annum from the date of this suit till realization and for costs. The Case of the Plaintiff is that the plaintiff and the defendant are known to each other. Out of such acquaintance, the defendant borrowed a sum of Rs.12,00,000/- from the plaintiff on

24.04.2007, which was paid by way of cheque bearing No.210234 drawn on Andhra Bank, Sathupalli, and the same was duly encashed. Thereafter, on 11.05.2007, the defendant once again borrowed a further sum of Rs.7,00,000/-, which was