An ECS transaction gets bounced and you are unable to recover your money from your customer. Under which Act criminal action can be initiated?

Question

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Indian Companies Act 1956

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Negotiable Instrument Act 1881

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Criminal Procedure Code

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Payment and Settlement Systems Act 2007

1.	An ECS transaction gets bounced and you are unable to recover your money from your customer. Under which Act criminal action can be initiated?
A.	Negotiable Instrument Act 1881
B.	Criminal Procedure Code
C.	Payment and Settlement Systems Act 2007
D.	Indian Companies Act 1956
Answer» D. Indian Companies Act 1956

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