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For an offence under Section 138, the payee must give notice demanding payment within 30 days of being informed of dishonour, and the drawer must pay within ___ of receiving the notice.
A30 days
B15 days
C45 days
D7 days
Answer & Solution
Correct answer: B. 15 days
The drawer must pay within 15 days of receiving the notice; a complaint can be filed after 45 days (30-day notice window + 15-day payment window).
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