Which of the following sections of the Negotiable Instruments Act is related to presumption?
All three sections concern presumptions. Section 119 makes proof of protest support the presumption of dishonour, unless disproved; section 137 presumes foreign law about…
Choose your answer
Which of the following sections of the Negotiable Instruments Act is related to presumption?
Answer and explanation
Correct answer D
All three sections concern presumptions. Section 119 makes proof of protest support the presumption of dishonour, unless disproved; section 137 presumes foreign law about notes, bills and cheques corresponds to Indian law unless disproved; section 139 provides the rebuttable cheque-holder presumption of receipt in discharge of debt or liability.
Practice for these exams
-
All India Bar Examination (AIBE)
Subject revision
See pack details on LawMint.net -
UGC NET Law
Subject revision
See pack details on LawMint.net -
Madhya Pradesh Judicial Services
-
CUET PG Law (LL.M.)
Subject revision