Question

In which section cheque is defined
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Answer 1

Answer:

Section 6 in The Negotiable Instruments Act, 1881. 1 [ 6 “Cheque”. — A “cheque” is a bill of exchange drawn on a specified banker and not expressed to be payable otherwise than on demand and it includes the electronic image of a truncated cheque and a cheque in the electronic form.

Answer 2

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A cheque is defined in section 6 of Negotiable Instruments acts 1881 which provides that,

“A cheque is a bill of exchange, drawn on a specified banker and expressed to be payable otherwise than on demand”.

The electronic image of a truncated cheque and a cheque in the electronic form (e-cheque) are also termed as ‘cheque’ after coming into force of The Negotiable Instruments (Amendment And Miscellaneous Provisions) Act, 2002.

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