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Law · Q40

Limitation Act

Graduate and Post Graduate · Law · question 40

Q40

Under section 19, Limitation Act, 1963

A.
Payment by cheque which is dishonoured on presentation amounts to part payment and shall save limitation
B.
Payment by cheque which is dishonoured on presentation does not amount to part payment and will not save limitation
Answer
C.
Mere handing over the cheque which is dishonoured on presentation amounts to acknowledgment
D.
Either (A) or (C)

Answer: Option B

Solution

Answer: Option B
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