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    Question

    (PYQ) Under Section 138 of the Negotiable Instruments

    Act, 1881, the maximum imprisonment that can be awarded for cheque dishonour is:
    A 6 months Correct Answer Incorrect Answer
    B 1 year Correct Answer Incorrect Answer
    C 2 years Correct Answer Incorrect Answer
    D 3 years Correct Answer Incorrect Answer
    E 5 years Correct Answer Incorrect Answer

    Solution

    Section 138 of the NI Act prescribes that the person committing the offence shall be punished with imprisonment for a term which may extend to two years, or with a fine which may extend to twice the amount of the cheque, or with both.

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