IndigoLearn

Forums

All Topics Accountancy Auditing Corporate & Other Laws Direct Taxation Indirect Taxation Financial Management Economics Costing Strategic Management Maths & Stats Exams Others AFM Financial Reporting CFA Level I

Negotiable instruments act

Corporate & Other Laws

Question 14.icai book pg =2.83

Shijo Kennedy

CA Inter

★ 4K+

23-Jun-21 21:14

272

Answers (2)

There seems a typo in the question. Read the second line as - The cheque was not presented within reasonable time to the Bank for payment and the Bank, in the meantime, became bankrupt. i.e. Bank became bankrupt, not C. Now read the answer with this correction in the question. If there remains a doubt, feel free to message here.