Negotiable Instruments Act - Study Mode

[#161] Instruction of "Stop Payment" remains valid for
Correct Answer

(D) None of these

[#162] Under which provision of the Negotiable Instruments Act, the Appellate Court may order the appellant to deposit such sum which shall be a minimum of twenty percent of the fine or compensation awarded by the trial Court?
Correct Answer

(A) Section 148

[#163] What is the presumption under Section 139 of the Negotiable Instruments Act?
Correct Answer

(B) That the cheque was issued for discharge of any debt or liability

[#164] When the acceptor of an instrument also a drawer, notice of dishonour is
Correct Answer

(B) Not necessary

[#165] Which Section provides that the offences under the Negotiable Instruments Act are compoundable?
Correct Answer

(C) Section 147