What is the ordinary time limit under section 142(1)(b) of the Negotiable Instruments Act, 1881, for…
Section 142(1)(b) allows one month from accrual of the cause of action under clause (c) of the proviso to section 138. Its proviso permits later cognizance if the…
Choose your answer
What is the ordinary time limit under section 142(1)(b) of the Negotiable Instruments Act, 1881, for filing a complaint from the date the cause of action under section 138 accrues, before any condonation of delay?
Answer and explanation
Correct answer A
Section 142(1)(b) allows one month from accrual of the cause of action under clause (c) of the proviso to section 138.
Its proviso permits later cognizance if the complainant satisfies the court that there was sufficient cause for the delay.
Option feedback
Option A
The statute prescribes one month from accrual of the cause of action.
Option B
Fifteen days is the drawer’s period to pay after receipt of notice under the proviso to section 138.
Option C
The ordinary complaint period is one month.
Option D
The statute does not prescribe a three-month ordinary period.
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