Negotiable Instruments Act MCQ question and answer | Law MCQ question

The maximum amount of fine which can be imposed under Section 138 of Negotiable Instruments Act is

A draws a bill on B for ¹ 500 payable to the order of A. B accepts the bill, but subsequently dishonours it by non-payment. Asues B on the bill. B proves that it was accepted for value as to ¹ 400, and as an accommodation to the plaintiff as to the residue. Thus, as per the provisions of the Negotiable Instruments Act, 1881, A can only recover the following amount:

Which of the following section of Negotiable Instruments Act is related with presumption?

Under section 138 of Negotiable Instruments Act, complaint may be made within from cause of action arises -

If the person committing an offence under Section 138 of the Negotiable Instruments Act, 1881, is a company, the following shall be deemed to be guilty of the offence:

Match List I with List II and select the correct answer by using the given below the lists:

List I	List II
a. Cognizance of offences	1. Section 138 of the Negotiable Instruments Act, 1881
b. Offences by companies and firms	2. Section 142 of the Negotiable Instruments Act, 1881
c. Dishonour of cheque for insufficiency of funds	3. Section 143 of the Negotiable Instruments Act, 1881
d. Power of court to try cases summarily	4. Section 141 of the Negotiable Instruments Act, 1881

The Provision, that "no court inferior to that of a Metropolitan Magistrate or a Judicial Magistrate of the First Class shall try offence punishable under Section 138", exists under

The Drawer shall be held . . . . . . . . under section 138 if he has stopped payment after issuing the cheque.

In which of the following cases did Supreme Court hold that complaint for dishonor of cheque can be filed at the place where cheque was lodged and not where cheque was issued?

Whether director is liable if the cheque issued on behalf of company is dishonored?