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Law · Q166

Negotiable Instruments Act

Graduate and Post Graduate · Law · question 166

Q166

When the acceptor of an instrument also a drawer, notice of dishonour is

A.
Necessary
B.
Not necessary
Answer
C.
Not always necessary but under certain circumstances mentioned in section 98A of the Act, it is a must
D.
None of the above

Answer: Option B

Solution

Answer: Option B
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