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Section 138 punishes dishonour of a cheque for insufficiency of:
AFunds
BForms
CFacts
DFiles
Answer & Solution
Correct answer: A. Funds
1. The cheque is returned by the bank unpaid.
2. The account did not hold enough to honour it.
3. That is insufficiency of funds.
_Source: The Negotiable Instruments Act, 1881 (India Code)_
Related questions
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