Determine the Quarterly Return in absolute terms of an investor who has agreed to discount a Bill of ₹ 2 crore at a discount rate of 21% per annum for 3 months. Suppose in above case if company defaults after 3 months th

In case of default the investor will have all the rights available against the investor under section 138 of Negotiable Instrument Act, 1882. The investor can file a criminal case against the borrower in the court of law for cheating and fraud. The investor can claim damage for breach of trust, penal interest, and the principle amount from the borrower under various provisions by an order from the court.