Question

Under which of the following section the dishonour of cheque is a criminal offence and is punishable by imprisonment up to two years or with monetary penalty or with both.

A Section 138 Correct Answer Incorrect Answer
B Section 139 Correct Answer Incorrect Answer
C Section 140 Correct Answer Incorrect Answer
D Section 145 Correct Answer Incorrect Answer
E Section 155 Correct Answer Incorrect Answer

Solution

According to Section 138 of the Act, the dishonour of cheque is a criminal offence and is punishable by imprisonment up to two years or with monetary penalty or with both.

Practice Next
×
×