Multiple choice

Under Section 138 of the NI Act, territorial jurisdiction does not arise

  1. where the cheque is issued

  2. in the local limit where the cheque is presented in the bank

  3. where the cheque is dishonoured by the bank

  4. from where the notice to pay the amount is issued

Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Section 138 of the Negotiable Instrument Act deals with the dishonour of cheque for insufficiency, etc. of funds in the account.