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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