Question
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?
The correct answer is
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.
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