If in a prosecution for an offence under Section 138 of the Negotiable Instruments Act, 1881, the fact…
Under s.140 NI Act the drawer's lack of reason to believe that the cheque would be dishonoured "shall not be a defence".
Choose your answer
If in a prosecution for an offence under Section 138 of the Negotiable Instruments Act, 1881, the fact that the drawer had no reason to believe when he issued the cheque that the cheque may be dishonoured on presentment
Answer and explanation
Correct answer B
Under s.140 NI Act the drawer's lack of reason to believe that the cheque would be dishonoured "shall not be a defence".
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