Negotiable Instruments Act - Study Mode

[#191] In an appeal by the drawer against his conviction under section 138 of Negotiable Instruments Act, what minimum amount of fine or compensation can be ordered by the appellate court to be deposited by the appellant
Correct Answer

(A) 20%

[#192] Section 141 of the Negotiable Instruments Act deals with the offences caused by the:
Correct Answer

(D) Companies

[#193] An authority to draw bills of exchange
Correct Answer

(B) Does not itself import an authority to indorse

[#194] Nothing in Section 138 Negotiable Instruments Act shall apply unless
Correct Answer

(C) The cheque has been presented to the bank within a period of six months or within the period of its validity whichever is earlier from the date on which it is drawn

[#195] The Negotiable Instruments Act, 1881 came into force on
Correct Answer

(D) 1 st March, 1882