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Consider the following statements for deflection and null type instruments: 1. Deflection type of instruments are more accurate than null type of instruments. 2. Deflection type of instruments can be highly sensitive as compared with the null type of instruments. 3. Null type of instruments are more suitable for measurements under dynamic conditions than deflection type of instruments. Which of the above statements are not correct?
A demand notice in writing has to be given to the drawer by the payee under Section 138 of "The Negotiable Instruments Act," 1881, after receiving intimation from the Bank of Dishonour of cheque, within the period of:
Consider the following statements in connection with deflection-type and null-type instruments: 1. Null-type instruments are more accurate than the deflection-type ones. 2. Null-type of instrument can be highly sensitive compared to a deflection-type instrument. 3. Under dynamic conditions, null-type instruments are less preferred to deflection-type instruments. 4. Response is faster in null-type instruments as compared to deflection-type instruments. Which of the above statements are correct?
Which of the following is/are false about Dishonour of Cheque?
1. Section 138 defines Dishonour of cheque in terms of issues such as insufficiency of funds in the account.
2. Such cheque has been presented to the bank within a period of twelve months from the date on which it is drawn or within the period of its validity, whichever is earlier.
3. Imprisonment for such offence may be extended for period of five year.
4. Section 138 apply unless - the drawer of such cheque fails to make the payment of the said amount of money to the payee or, as the case may be, to the holder in due course of the cheque, within fifteen days of the receipt of the said notice.
Under section 138 of Negotiable Instruments Act, complaint may be made within from cause of action arises -
Within how much time from the date on which cause of action arises, the complaint for the offence punishable under Section 138 of the Negotiable Instruments Act should be filed?
A and B can do a piece of work in 30 days and 45 days respectively. They work together for 10 days and after that A goes on leave for 10 days and B works on every alternate day for the next 10 days and then goes on leave for the next 10 days after which A starts the work on every alternate day for the next 10 days. After that A and B together complete the remaining work. Find in how many days the work was completed.
Which provisions of the Negotiable Instruments Act mandates that the offences punishable under Section 138 of the Negotiable Instruments Act shall be tried summarily?
Negotiable Instruments Act:- When the cause of action accrue, if the cheque issued by blte drawer is dishonour?
In the following question, two statements are numbered as A and B. On solving these statements, we get quantities A and B respectively. Solve both quantities and choose the correct option. Quantity A: A can do a piece of work in 10 days and B can do the same work in 15 days. They start working together and after 4 days, A left the work. Find in how many days the total work will be completed. Quantity B: P can do a piece of work in 15 days and Q can do the same work in 25 days. They start working together and after 5 days, Q left the work. Find in how many days the remaining work will gets completed.