Negotiable Instruments Act - Study Mode
[#146] Who is entitled to make a complaint for taking cognizance of the offence under Section 138 of the Negotiable Instruments Act, 1881?
Correct Answer
(C) Only the holder of the cheque
[#147] Which of the Section of Negotiable Instruments Act, 1881 provides that "where a person is nominated as a Director of a company by virtue of his holding any office or employment in the Central Government or the State Government, as the case may be, he shall not be held liable for an-offence under Section 138 of the Act, committed by a company?"
Correct Answer
(B) Proviso (two) to Section 141(1)
[#148] A' signs an instrument in writing as under 'On demand, I promise, I promise to pay 'B' the sum of Rs. 10,000'. What is this called?
Correct Answer
(C) Promissory note
[#149] In which of the following cases the Supreme Court held that 'filling up of blanks in a cheque by itself would not amount to forgery'?
Correct Answer
(A) Surya Lekshmi cotton Mills v. Rajvir Industries
[#150] Cheque is a special kind of Bill of Exchange.
Correct Answer
(A) True