What is the presumption to be drawn under Section 139 of the Negotiable Instruments Act?
Under s.139 NI Act the court shall presume, unless the contrary is proved, "That the holder of the cheque received the cheque for the discharge, in whole or in part, of any…
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What is the presumption to be drawn under Section 139 of the Negotiable Instruments Act?
Answer and explanation
Correct answer A
Under s.139 NI Act the court shall presume, unless the contrary is proved, "That the holder of the cheque received the cheque for the discharge, in whole or in part, of any debt or other liability."
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