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Law · Q274

Negotiable Instruments Act

Graduate and Post Graduate · Law · question 274

Q274

Maximum sentence of fine which a J.M.F.C. can impose for offence under section 138 of the Negotiable Instruments Act:-

A.
Twice the amount of cheque
Answer
B.
Twenty thousand
C.
One lac
D.
Ten thousand

Answer: Option A

Solution

Answer: Option A
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