Under section 138 of the Act, territorial jurisdiction does not arise on the following places:
A. Where cheque is issued
B. In the local limit where the cheque is presented in the bank
C. Where the cheque is dishonoured by the bank
D. From where the notice to pay the amount is issued
Select an option to see the answer and solution.
In trial of an offence under Section 138 of the Negotiable Instruments Act, 1881, the provisions of Sections 262 of 265 of the Code of Criminal Procedure
A. Shall apply (Section 143)
B. Shall not apply (Section 143)
C. Sometimes shall apply (Section 143)
D. None of the above
Select an option to see the answer and solution.
No court shall take cognizance of any offence punishable under Section 138 of The Negotiable Instruments Act, 1881 unless complaint is made, from the date of accrual of cause of action, within:
A. 15 days
B. 30 days
C. 60 days
D. None of these
Select an option to see the answer and solution.
A protest is made by
A. By drawer
B. The indorser
C. A notary
D. None of the above
Select an option to see the answer and solution.
With effect from which date, the term of imprisonment under section 138 was increased to two years from one year?
A. From 6th February, 2002
B. From 6th February, 2003
C. From 1st April, 1989
D. None of the above
Select an option to see the answer and solution.
The undertaking contained in a promissory note, to pay a certain sum of money is:
A. Conditional
B. Unconditional
C. May be conditional or unconditional depending upon the circumstances
D. All of the above
Select an option to see the answer and solution.
Under section 16 of the Negotiable Instrument Act, 'indorsement in blank' of an instrument means
A. Where the indorser does not write anything on the instrument
B. Where the indorser signs his name only on the instrument
C. Where the indorser writes the name of the person who is directed to pay
D. None of the above
Select an option to see the answer and solution.
What is the punishment for offence under Section 13 of the Negotiable Instruments Act?
A. 2 years imprisonment or fine which may extend to twice the amount of cheque or both
B. 2 years imprisonment and fine upto twice the amount of cheque
C. Imprisonment not less than 2 years and with fine of Rs. 10,000
D. Imprisonment for not less than 2 years or fine of Rs. 10,000 or both
Select an option to see the answer and solution.
Written complaint should be made to the court from the date of cause of action, within a period of:
A. 30 days
B. 45 days
C. 60 days
D. 90 days
Select an option to see the answer and solution.
What sentence can be awarded to a convict for offence under Section 138 of the Negotiable Instruments Act, 1881:
A. Imprisonment for a term, which may extend to three years or fine upto one lac rupees or with both
B. Imprisonment for a term, which may extend to two years or fine, which may extend to twice the amount of cheque or with both
C. Imprisonment for a term, which may extend to six months and fine equal to the amount of Cheque or with both
D. Imprisonment for a term, which may extend to one year and with fine, which may extend to double the amount of Cheque or with both
Select an option to see the answer and solution.
Under the provisions of section 143 of the Negotiable Instruments Act, 1881, all offences under the Act are to be tried by
A. Any Judicial Magistrate
B. Judicial Magistrate of the First Class or by a Metropolitan Magistrate
C. Only a District Judge
D. None of the above
Select an option to see the answer and solution.
The Negotiable Instruments Act, 1881 provides for making which of the following presumptions as special rule of evidence, until the contrary is provided:
A. That every negotiable instrument bearing a date was not made or drawn on such date
B. That every transfer of negotiable instrument was not made before its maturity
C. That a lost promissory note, bill of exchange or cheque was duly stamped
D. All the above
Select an option to see the answer and solution.
Negotiable Instruments Act:- When the cause of action accrue, if the cheque issued by blte drawer is dishonour?
A. On the date receipt of information by bank regarding the return of cheque as unpaid
B. On the date when notice is issued by payee to the drawer
C. On the date drawer of cheque fails to make the payment of cheque amount to payee within 15 days from the receipt of demand notice
D. None of these
Select an option to see the answer and solution.
At sight under section 21 of the Negotiable Instruments Act, 1881 means
A. On presentation
B. On demand
C. On coming into vision
D. None of the above
Select an option to see the answer and solution.
Who are the partners in a bill of exchange?
A. Drawer & Drawee
B. Payee
C. Both (A) and (B)
D. None of the above
Select an option to see the answer and solution.
Bill of exchange and Promissory Note is required to be made on a stamp paper.
A. True
B. False
C. Partly true
D. Partly false
Select an option to see the answer and solution.
Can a magistrate pass an order an investigation on the assertion of an offence under section 138 of Negotiable Instruments Act, 1881.
A. No
B. Yes
C. Both A and B
D. None of the above
Select an option to see the answer and solution.
Chapter XVII contain sections
A. 138 to 142
B. 136 to 142
C. 112 to 124
D. None of the above
Select an option to see the answer and solution.
While drawing a bill of exchange, a person whose name is given in addition to the drawee who can be resorted in case of need, is called
A. Acceptor
B. Acceptor for honour
C. Drawee in case of need
D. Drawer
Select an option to see the answer and solution.
The provIsion of section 147 of the Negotiable Instruments Act, 1881, that every offence punishable under this Act shall be compoundable was inserted by the
A. Amending Act of 1988
B. Amending Act of 1980
C. Amending Act of 2002
D. None of the above
Select an option to see the answer and solution.