ЁЯУв Too many exams? DonтАЩt know which one suits you best? Book Your Free Expert ЁЯСЙ call Now!


    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.

    Practice Next
    More Other Laws and Acts Questions
    ask-question