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This question belongs to Law Negotiable Instruments Act
Negotiable Instruments Act
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Which of the Section of Negotiable Instruments Act, 1881 provides that "where a person is nominated as a Director of a company by virtue of his holding any office or employment in the Central Government or the State Government, as the case may be, he shall not be held liable for an-offence under Section 138 of the Act, committed by a company?"

Answer & Solution
Correct Answer: Option B
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