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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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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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