New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    As per the Negotiable Instruments Act the presumption

    under section 139 is relating to the issue of the cheque for the discharge of any debt is in favour of__________
    A Holder Correct Answer Incorrect Answer
    B Maker Correct Answer Incorrect Answer
    C Banker Correct Answer Incorrect Answer
    D Parties Correct Answer Incorrect Answer

    Solution

    Section 139. Presumption in favour of holder—It shall be presumed, unless the contrary is proved, that the holder of a cheque received the cheque of the nature referred to in section 138 for the discharge, in whole or in part, of any debt or other liability. 

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