Law Quiz: After Receiving Demand Notice Under Section 138 NI Act, How Many Days to Make Payment?
Published
About this image
Q. After receiving the statutory demand notice under Section 138 NI Act, the drawer is ordinarily given how many days to make payment?
Options: a) 7 days | b) 10 days | c) 15 days | d) 30 days
✅ Answer: c) 15 days (Section 138 NI Act gives drawer 15 days from receipt of notice to make payment)
Prepare for law & govt. job exams with Pearl Institute.
📞 Contact: 7814976999 | 🌐 Visit: www.PEARLINSTITUTE.in