A complaint, against the drawer of a cheque, dishonoured for insufficiency, etc., of funds, must be made:
A. Within one month of the date on which the cause-of-action arises under clause (c) of the proviso to Section 138 of the Negotiable Instruments Act, 1881
B. Within thirty days of the receipt of information from the bank regarding the return of the cheques as unpaid
C. Within fifteen days of the expiration of notice sent to the drawer of such cheques by the payee, demanding payment of the amount
D. Within six months from the date on which the cheque is drawn
Answer: Option B
This Question Belongs to Law >> Negotiable Instruments Act
The term 'legal representative' in section 29 of the Negotiable Instruments Act, 1881
A. Does not include executors or administrator (Rama v. Praoin, AIR 1926 Mad 389)
B. Includes executors or administrator (K. Subbanna v. K. Subbarayudu, AIR 1926 Mad 390)
C. Includes executors but does not include administrators (P. Nayar v. T. Ramanna, AIR 1929 Mad 389)
D. Includes only administrators but does not include executors (P. K. Pati v. Damodar Sahu, AIR 1953 Ori 179)
In the case of a promissory note which is not negotiable
A. Notice of dishonour is compulsory
B. No notice of dishonour is necessary
C. Negotiable Instruments Act is silent on this aspect
D. Indorsement is necessary
The endorsement of a negotiable instrument is followed by delivery
A. Yes
B. No
C. Both (A) and (B)
D. None of the above
'Truncated Cheque' is dealt within which section of the Negotiable Instruments Act, 1881?
A. Section 5
B. Section 6
C. Section 7
D. Section 8
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