Under the Negotiable Instruments Act, 1881, the presumption of dishonour arising on proof of protest…
Under s.119, the court presumes dishonour on proof of protest "unless and until such fact is disproved". A bare written denial or the passing of time does not end it;…
Choose your answer
Under the Negotiable Instruments Act, 1881, the presumption of dishonour arising on proof of protest continues:
Answer and explanation
Correct answer B
Under s.119, the court presumes dishonour on proof of protest "unless and until such fact is disproved". A bare written denial or the passing of time does not end it; evidence disproving the dishonour does.
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