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Law · Q129

Negotiable Instruments Act

Graduate and Post Graduate · Law · question 129

Q129

Which option is correct, where a complaint under section 138 Negotiable Instruments Act is filed at premature stage i.e. before the expiry of period prescribed in demand notice of 15 days?

A.
Court has no option but to dismiss the complaint
B.
Such complaint should not be accepted at all
C.
Cognizance can be taken afterwards when cause of action arises
Answer
D.
None of the above

Answer: Option C

Solution

Answer: Option C
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