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Law · Q187

Negotiable Instruments Act

Graduate and Post Graduate · Law · question 187

Q187

The maximum amount which may be awarded as interim compensation under Section 143A of the Negotiable Instruments Act, 1881 is

A.
10% of the amount of cheque
B.
20% of the amount of cheque
Answer
C.
30% of the amount of cheque
D.
40% of the amount of cheque

Answer: Option B

Solution

Answer: Option B
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