N. ANAND VENKATESH, J.

This intra Court Appeal has been filed by the defendant challenging the judgment and decree passed by the learned Single Judge in C.S.No.47 of 2006, dated 09.11.2013, decreeing the suit filed by the respondent for a sum of Rs.30 lakhs with interest.

2. The case of the respondent/plaintiff in brief :

2.1. The respondent who is running an Engineering College and Trust deposited a sum of Rs.20 lakhs on 23.01.1998, as a fixed deposit with the appellant Bank for a period of one month at the rate of 15%. The appellant Bank issued confirmation of deposit and allotted an account number. On 24.01.1998, the respondent deposited another sum of Rs.10 lakhs in the same manner with the appellant Bank and the appellant Bank allotted a separate fixed deposit number and issued confirmation of deposit. The respondent made a further deposit of Rs.30 lakhs on 24.01.1998, by way of cash in the fixed deposit for a period of two months with an interest rate of 18.5%. A separate fixed deposit number was allotted by the appellant Bank and the appellant Bank also issued confirmation of deposit.

2.2. The appellant Bank paid a sum of Rs.30,91,232.87/- [Rupees Thirty Lakhs ninety O