Match List-I with List-II and select the correct answer using codes given below :
Answer in context of the Negotiable Instruments Act.
List-I List-II (a) Time and place for presentment (i) Section 19 (b) Cheques are payable in demand (ii) Section 8 (c) Holder of a negotiable instrument (iii) Section 61 (d) Fictitious drawer or payee (iv) Section 42
Codes:
Negotiable Instruments Act: List Matching
This solution provides the correct matching between items in List-I and sections in List-II concerning the Negotiable Instruments Act.
Act Section Matches
- (a) Time and place for presentment matches (i) Section 19.
- (b) Cheques are payable on demand matches (iii) Section 61.
- (c) Holder of a negotiable instrument matches (ii) Section 8.
- (d) Fictitious drawer or payee matches (iv) Section 42.
The correct combination is (a)-(i), (b)-(iii), (c)-(ii), (d)-(iv), corresponding to Option D.
Important Questions from Negotiable Instruments Act, 1881
Which one among the following is not a privilege or right of a holder-in-due course under Negotiable Instruments Act?
Which one of the following statements is correct regarding the Negotiable Instruments Act in India?
The section of holder in due course is
The bank can refuse to make payment if the cheque is
What is the primary liability of the drawer of a bill of exchange or cheque?
