can a person be held liable under section 138 negotiate instrument act for not making the credit card payment on time
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Answer:
no
Explanation:
Section 138 provides that when the CHEQUE is dishonored for insufficiency of funds or for any of the prescribed reasons, the one who is at defaulter can be punished with imprisonment for a term which may extend to two years, or with fine which may extend to twice the amount of the cheque, or both.
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I'm not sure though...just google it now
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