(1.) HEARD Sri P. Thirumala Rao, counsel representing the petitioner and Sri g. Vijayababu, counsel representing the respondent.
(2.) THE civil revision petition is filed by the revision petitioner aggrieved by the decree and judgment dated 3. 11. 2004 in A. S. No. 46 of 2002 on the file of the XI Additional District Judge (Fast Track Court), Guntur, confirming the decree and judgment dated 18. 2. 2000 made in O. S. No. 128 of 1999 on the file of the Principal Junior Civil Judge, Mangalagiri, and the same was instituted under summary procedure for recovery of Rs. 19,066/- being the principal and interest due under a promissory note dated 17. 6. 1996 said to have been executed by the revision petitioner-defendant in favour of the respondent-plaintiff for rs. 10,000/- agreeing to repay with interest at 24% with yearly compounding and for costs.
(3.) THE court of the first instance for non-compliance of the condition imposed while granting leave to deposit 1/3rd of the suit amount, while dismissing the application, came to the conclusion that in the light of Exs. A-1, a-2 and A-3, the suit claim to be taken as proved and accordingly the suit was decreed as prayed for.