Validity of Cheque is 6 months.
A. True
B. False
C. Partly true
D. Partly false
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Under Section 138 of the Act, maximum term of imprisonment is:
A. One year
B. Two years
C. Three years
D. Depends upon discretion of the Court
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Under Section 138 of the Negotiable Instruments Act 1881 Maximum punishment of imprisonment and fine is
A. 1 year and amount of cheque
B. 2 year and amount of cheque
C. 1 year and twice the amount of cheque
D. 2 year and twice the amount of cheque
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The term 'Negotiable instrument' is defined in the Negotiable Instruments Act, 1881, under section
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Which one of the following is not the essential requirement to fulfil an instrument intended to be a Promissory Note?
A. The instrument must contain a promise to pay
B. A mere acknowledgement of indebtedness is sufficient
C. The sum of money to be paid must be certain
D. Promise to pay must be unconditional
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In which of the following cases, did the Hon'ble Supreme Court decide the issue of territorial jurisdiction of the court to entertain a complaint under the Negotiable Instruments Act in reference to the Amending Ordinance of 2015?
A. (2016) 2 SCC 75, Bridgestone India Pvt. Ltd. v. Inderpal Singh
B. (2016) 11 SCC 105, K. S. Joseph v. Philip Carbon Black Ltd. & Ors
C. (2016) 1 SCC (Cri) 173, Ultratech Cement Ltd. v. Rakesh Kumar Singh & Anr
D. None of the above
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Under Section 97 of Negotiable Instruments Act when the party to whom notice of dishonor is dispatched is dead, but the party dispatching the notice is ignorant of his death, then
A. The Notice is insufficient
B. The Notice is sufficient
C. Notice shall be given to legal representative
D. None of these
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As per the Negotiable Instruments Act, 1881, when the day on which a promissory note or bill of exchange is at maturity is a public holiday, the instrument shall be deemed tobe due on the . . . . . . . . .
A. Said public holiday
B. 5 days succeeding public holiday
C. Next succeeding business day
D. Next preceding business day
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Following is not the essential conditions for applicability of Section 8 of the Act -
A. The defendant must be the owner of the property
B. The article must be movable property
C. The plaintiff must be entitled to immediate possession of the article
D. The article must be possession or control of the defendant
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The provision regarding summary procedure relating to suits upon bills of exchange, hundies and promissory notes are laid down in
A. Order 37 of CPC
B. Order 38 of CPC
C. Order 39 of CPC
D. None of the above
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In a prosecution under Secth on 138 of Negotiable Instruments Act, 1881, it shall not be a defence that -
A. The cheque does not bear his signature
B. That the cheque was not issued for the discharged of any del It or other liability
C. That the Cheque has not been presented to the bank within period of six months from the date on which it is drawn or from the Period of its validity whichever is earlier
D. That the drawer had no reason to believe when he issued the cheque that the cheque may be dishonoured on presentment
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Before initiating criminal proceeding for dishonour of cheque, within how many days of receipt of information about dishonour should the payee of cheque issue a notice?
A. 15 days
B. 30 days
C. 90 days
D. No notice is required
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The criminal complaint for dishonor of cheque is to be filled in court within . . . . . . . . of the Drawer failing to pay.
A. 30 days
B. 1 month
C. Both (A) and (B)
D. None of them
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Which Section of the Negotiable Instruments Act defines "Negotiable Instruments"
A. Section 4
B. Section 6
C. Section 11
D. Section 13
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If an instrument may be construed either as a promissory note or bill of exchange, it is
A. A valid instrument
B. An ambiguous instrument
C. A returnable instrument
D. None of the above
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Dishonour of cheque for insufficiency of funds etc. in the account related to
A. Section 137 of Negotiable Instruments Act
B. Section 138 of Negotiable Instruments Act
C. Section 139 of Negotiable Instruments Act
D. Section 141 of Negotiable Instruments Act
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For the purpose of Section 141 of The Negotiable Instruments Act, 1881 'company' means:
A. Anybody corporate
B. A firm
C. Other association of individuals
D. All of the above
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To constitute an offence under Section 138, Negotiable Instruments Act, within how many days the cheque should be presented to the bank from the date on which it is drawn?
A. No limit
B. 1 month
C. 3 months
D. 6 months or within the period of its validity
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In which provision the Court may grant time to pay court fees in complaint under Section 138 of Negotiable Instruments Act, 1881?
A. Under proviso of section 138 of Negotiable Instruments Act
B. Under proviso of section 142 of Negotiable Instruments Act
C. Section 33 of Court Fees Act, 1870
D. Section 35 of Court Fees Act, 1870
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The hirer of it motor vehicle cannot be prosecuted under section 138 after the vehicle has been repossessed and the hire purchase agreement has been terminated. The statement is
A. True
B. False
C. Partly correct
D. None of the above
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