After learning a cheque was returned, the payee must send notice within:
A30 days
B45 days
C60 days
D15 days
Answer & Solution
Correct answer: A. 30 days
Section 138(b) as amended in 2002 requires the written demand within thirty days of receiving the bank's information.
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Related questions
The Negotiable Instruments Act was passed as Act No. 26 of the year:The 2002 amendment of the Act inserted new sections numbered:Criminal liability for cheque dishonour entered the Act through an amendment of:Interim compensation in cheque dishonour cases was added by the Act of:Interim compensation under Section 143A must ordinarily be paid within:Interim compensation under Section 143A cannot exceed what share of the cheque?Cheque dishonour trials under the Act should aim to end within:Which court may try a Section 138 offence?