The offence of dishonour of cheques, for insufficiency, etc., of funds, in the account of the drawer,…
Under s.138 NI Act, as amended in 2002, the offence is punishable with "Imprisonment for a term which may extend to two year or with fine which may extend to twice the…
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The offence of dishonour of cheques, for insufficiency, etc., of funds, in the account of the drawer, is punishable with:
Answer and explanation
Correct answer B
Under s.138 NI Act, as amended in 2002, the offence is punishable with "Imprisonment for a term which may extend to two year or with fine which may extend to twice the amount of the cheques, or with both".
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