A Negotiable Instrument made or drawn outside India and made payable in India is governed, as to its validity, by:

1. Section 134 of the NI Act — questions of validity are governed by the law of the place where the instrument was made/drawn; questions of presentment, dishonour, etc. by the law of the place of performance. 2. Renders the conflict-of-laws analysis explicit. 3. Hence (C). _Source: ICAI BoS CA Inter Paper 2 — Negotiable Instruments Act 1881_