S
Sahaj Vidhi
Rajasthan Pre 2016

The Negotiable Instrument Act, 1881 provides for making which of the following presumptions as special rule of evidence, until the contrary is provided:

Verified Answer
A. that every negotiable instrument bearing a date was not made or drawn on such date
B. that every transfer of negotiable instrument was not made before its maturity
C. that a lost promissory note, bill of exchange or cheque was duly stamped
D. all the above

Explanation:

Section 118 of the Negotiable Instruments Act, 1881, lays down several presumptions. These include: (b) as to date (that every negotiable instrument bearing a date was made or drawn on such date), (d) as to time of transfer (that every transfer of a negotiable instrument was made before its maturity), and (f) as to stamp (that a lost promissory note, bill of exchange or cheque was duly stamped). Assuming option (1) intended to state the correct presumption regarding the date (i.e., 'was made or drawn on such date'), then all three specific options would be correct, making 'all the above' the appropriate answer.