AIBE Prep › Papers › AIBE XIV — September 2019 › Q.43
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Q.43
Tort, MV Act & Consumer Protection Medium Act + Section Given
Bare Act Negotiable Instruments Act, 1881 · Section 138

The liability under Section 138 of the Negotiable Instruments Act, 1881 is-

✓ Strict liability Answer
B Vicarious liability
C Both’ A’ and ‘8’
D None of the above
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Explanation & Strategy

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Liability under Section 138 NI Act (dishonour of cheque) is on the drawer of the cheque. It's a criminal liability requiring: (1) cheque drawn for legally enforceable debt/liability, (2) dishonoured for insufficient funds, (3) demand notice issued, (4) failure to pay within 15 days.

  1. 1 Look up the referenced provision in Negotiable Instruments Act, 1881 to verify the answer.
At a Glance
Subject Tort, MV Act & Consumer Protection
Difficulty Medium
Act Negotiable Instruments Act, 1881
Section Section 138
Answer (A) Act + Section Given
Paper AIBE XIV — September 2019
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📖 Open Book — Reading Mode Negotiable Instruments Act, 1881