A draws a bill on B. B accepts the bill without any consideration. The bill is transferred to C without consideration. C transferred it to D for value. Decide as per the provisions of the Negotiable Instruments Act, 1881 -
A. D can sue only A
B. D can sue A or B only
C. D can sue any of the parties A, B or C
D. D cannot sue any of the parties A, B or C
Answer: Option C

Join The Discussion