ANIL K. NARENDRAN, J.

The appellant is the plaintiff in O.S.No.144 of 1996 on the file of the Subordinate Judge's Court, Thalassery, a suit for recovery of money filed against the respondent/defendant Bank for a sum of Rs. 3,00,000/- with interests and costs. The trial court by the impugned judgment and decree dated 24.3.1999 dismissed the suit on a finding that the defendant Bank has acted bonafidely under good faith and honoured Ext.X1 cheque and as such, it is not liable to satisfy the plaint claim of Rs. 3,00,000/- with interest and costs. Feeling aggrieved by the judgment and decree of the court below, the appellant/plaintiff Bank is before this Court in this appeal.

2. We heard the arguments of learned counsel for the appellant/plaintiff Bank and also learned counsel for the respondent/defendant Bank.

3. The pleadings and materials on record would show that the plaintiff Bank maintains a current account with the South Bazar Branch of the defendant Bank at Talap in Kannur with account No.7042. The plaintiff Bank used to operate that account by issuing cheques signed by its authorised officers. For facilitating such operation the specimen signature of the authorised offi