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Law · Q180

Negotiable Instruments Act

Graduate and Post Graduate · Law · question 180

Q180

What is the presumption to be drawn under Section 139 of the Negotiable Instruments Act?

A.
That the holder of the cheque received the cheque for the discharge, in whole or in part, of any debt or other liability
Answer
B.
That the drawer had duly signed the cheque
C.
That the cheque was dishonoured for want of sufficient funds
D.
That the cheque in question had not expired on the date of its presentation

Answer: Option A

Solution

Answer: Option A
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