(1.) THE defendant in the original suit is the appellant in the second appeal. The respondent herein, as plaintiff, filed O.S.No.362 of 2007 for the recovery of a sum of Rs.1,04,734.00 rounded to Rs.1,00,000.00 consisting of Rs.85,000.00 as principal component and Rs.19,734.00 as interest component calculated at the rate of 9% p.a based on a promissory note from the date of lending till the date of filing of the suit. The suit was decreed by the trial Court by a judgment and decree dated 01.09.2009. On appeal, by a judgment and decree of the lower appellate Court dated 03.12.2011, the decree of the trial court was confirmed. As against the decree of the lower appellate Court confirming the decree passed by the trial Court, the present second appeal has been filed.
(2.) THE respondent herein filed the suit making the following averments:
(3.) BASED on the above said pleadings, the learned trial Judge (Principal District Munsif, Villupuram) framed the following issues;