Negotiable Instruments Act - Study Mode
[#201] A draws a bill on B. B accepts the bill without any consideration. The bill is transferred to C without consideration. C transferred it to D for value. Decide as per the provisions of the Negotiable Instruments Act, 1881 -
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(C) D can sue any of the parties A, B or C
[#202] Cheque bouncing cases charged under section 138 of Negotiable Instruments Act is trailed by
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(C) Magistrate Court
[#203] The term "a cheque in the electronic form" is defined in the Negotiable Instruments Act, 1881 under:
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(C) Explanation 1(a) of Section 6
[#204] The maximum amount which may be awarded as interim compensation under Section 143A of the Negotiable Instruments Act, 1881 is
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(B) 20% of the amount of cheque
[#205] Chapter XVII containing sections 138 to 142 was introduced in the Negotiable Instruments Act
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(B) Act 66 of 1988