The person (other than the drawer) referred to in Section 73 of the Negotiable Instruments Act, 1881,…
Under s.73 NI Act, the persons other than the drawer who can be charged by timely presentment include indorsers and other prior parties who delivered the cheque, not a bank…
Choose your answer
The person (other than the drawer) referred to in Section 73 of the Negotiable Instruments Act, 1881, who is charged by presentment of a cheque within a reasonable time, may include:
Answer and explanation
Correct answer C
Under s.73 NI Act, the persons other than the drawer who can be charged by timely presentment include indorsers and other prior parties who delivered the cheque, not a bank officer.
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