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Under section 138 of the Negotiable Instruments Act, 1881, the punishment may include:

Under s.138, the punishment for the offence may extend to imprisonment for up to two years, or a fine up to twice the amount of the cheque, or both, so both forms of…

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Under section 138 of the Negotiable Instruments Act, 1881, the punishment may include:

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Correct answer C

Under s.138, the punishment for the offence may extend to imprisonment for up to two years, or a fine up to twice the amount of the cheque, or both, so both forms of punishment are available together, not a mere warning.

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