Question
A cheque drawn by Rajesh in favour of Meena is returned unpaid by the bank with the remark 'funds insufficient'. Meena wishes to prosecute Rajesh under section 138 of the Negotiable Instruments Act, 1881. Within how many days of receiving information of the dishonour must Meena issue the statutory demand notice to Rajesh?
More Banking Related Laws Questions
- Under Section 22(3), proceedings before the DRT are deemed judicial proceedings within the meaning of which provisions of the Indian Penal Code?
- The amount of the dividend, including interim dividend, shall be deposited in a scheduled bank in a separate account within____________________
- Under Section 20(6), within what period must the DRAT endeavour to dispose of an appeal?
- In order to convert a ___________ into a promise, the acceptance must be absolute and unqualified; be expressed in some usual and reasonable manner.
- Under Section 16 of the Bharatiya Vayuyan Adhiniyam, 2024, the Central Government may make rules securing the safe custody and re-delivery of any property ...
- Who is a 'drawee in case of need' under Section 7 of the Act?
- As per the observations made by the Hon’ble Supreme Court in Reserve Bank of India Vs. Jayantilal Mishra the RBI :
- In Heydon's Case (1584), which laid the foundation of the Mischief Rule, which of the following is NOT among the four matters the court directed to be cons...
- Under Section 19 of PMLA, every person arrested must be produced before a Magistrate within:
- Under Section 11, what is the maximum age up to which the Chairperson of the DRAT can continue to serve?
Hey! Ask a query
Please enter email id
The email must be a valid email address.
Please enter Mobile Number
Please enter valid Mobile Number
Please enter your Doubt
Think You're Ready for RBI Grade B?
RBI Grade B 2026 Phase 1 Memory Based Paper
- 200 Questions with Detailed Solutions
- Section-wise Coverage (GA, English, Quant & Reasoning)