Mathematics · Legal Calculations & Percentages
Calculate the maximum fine a court can impose under Section 138 of the Negotiable Instruments Act for a dishonored cheque if the face value of the cheque is ₹7,25,000.
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1₹8,00,000
- 2₹15,95,000
- 3₹14,50,000✓
- 4₹7,25,000
Correct answer
₹14,50,000
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