Under the Negotiable Instruments Act, 1881, the presumption in favour of the holder of a cheque applies:
Under s.139, the presumption in favour of the holder operates unless the contrary is proved, not always permanently, nor merely by bank order or court direction.
Choose your answer
Under the Negotiable Instruments Act, 1881, the presumption in favour of the holder of a cheque applies:
Answer and explanation
Correct answer B
Under s.139, the presumption in favour of the holder operates unless the contrary is proved, not always permanently, nor merely by bank order or court direction.
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