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Law · Q122

Negotiable Instruments Act

Graduate and Post Graduate · Law · question 122

Q122

Proceedings under section 138 Negotiable Instruments Act 1881 which defence shall not be allowed?

A.
The cheque is not signed by drawer
B.
Complaint is not holder or holder in due course
C.
Drawer had no reason to believe when he issued the cheque it may be dishonoured
Answer
D.
He had not issued the cheque in discharge of legal liability

Answer: Option C

Solution

Answer: Option C
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