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Law · Q165

Negotiable Instruments Act

Graduate and Post Graduate · Law · question 165

Q165

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

A.
That the cheque was signed by the person who holds the account
B.
That the cheque was issued for discharge of any debt or liability
Answer
C.
That the cheque was issued after ensuring that there is sufficient funds in the account
D.
None of above

Answer: Option B

Solution

Answer: Option B
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