How much punishment is provided under Section 138 of Negotiable Instruments...

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How much punishment is provided under Section 138 of Negotiable Instruments Act, 1881?

A. Imprisonment for term which may extend to two years or with fine which may extend to twice the amount of the cheque or with both

B. Imprisonment for term which may extend to one year or with fine which may extend to twice the amount of the cheque or with both

C. Imprisonment for term which may extend to two years or with fine which may extend to twice the amount of the cheque

D. Only imprisonment for term which may extended to two years

Answer: Option A

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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)

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