Negotiable Instruments Act - Study Mode
[#226] In which provision the Court may grant time to pay court fees in complaint under Section 138 of Negotiable Instruments Act, 1881?
Correct Answer
(C) Section 33 of Court Fees Act, 1870
[#227] The hirer of it motor vehicle cannot be prosecuted under section 138 after the vehicle has been repossessed and the hire purchase agreement has been terminated. The statement is
Correct Answer
(A) True
[#228] Under Negotiable Instruments Act, promissory note can be drawn for minimum period of
Correct Answer
(D) No time limit is fixed
[#229] Offences under Negotiable Instruments Act are compoundable
Correct Answer
(B) Under section 147 Negotiable Instruments Act
[#230] Under the Limitation Act, 1963 the period of limitation for filing a suit by the payee against the drawer of a bill of exchange which has been dishonoured by non-acceptance is
Correct Answer
(A) 3 years from the date of the refusal to accept