As of September2020, what is the maximum term of imprisonment prescribed by Section138 of the Negotiable Instruments Act,1881 for the specified cheque-dishonour offence?
2 years
Section138 provides imprisonment up to two years, a fine up to twice the cheque amount, or both, when the statutory conditions for the offence are met. Since the question asks for the maximum imprisonment term, the answer is two years.
Important Questions from Economy
When goods are produced by exploiting natural resources, it is an activity associated with:
A system in which local farmers were allowed to cultivate temporarily within a plantation is known as:
Which goods from India dominated the international textile markets before the age of mechanized industries?
Which type of farming is practiced in areas of high population pressure on land?
The major economic attribute for comparing countries is their:
