Relation of Section 138 of the Negotiable Instruments Act, 1881 is with
Section 138 creates the offence for qualifying dishonour of a cheque issued against a legally enforceable debt or liability, subject to presentation, demand-notice and…
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Relation of Section 138 of the Negotiable Instruments Act, 1881 is with
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Correct answer C
Section 138 creates the offence for qualifying dishonour of a cheque issued against a legally enforceable debt or liability, subject to presentation, demand-notice and non-payment requirements. It provides up to two years' imprisonment, a fine up to twice the cheque amount, or both.
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