Business, 05.08.2021 21:40 angellv917
Peter drew a cheque for Rs. 50,000 in favor of his landlord Kevin. The cheque was not presented for payment by Kevin within a reasonable time of its issue. Peter suffered damage of Rs. 30,000 through the delay because the bank failed. Describe whether Kevin can recover the money in the above circumstances as per the Negotiable Instruments Act, 1881.
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