Cheque and Period Preventing the Hearing of the Civil & Penal Lawsuits in UAE

Last updated on September 16th, 2019 at 04:02 pmA cheque is a commercial paper that includes an order by the drawer to the drawee to pay at sight a certain amount of money to a specific person or to his order, who is the beneficiary or holder of paper. According to this concept, the cheque cannot be considered a real cheque unless the paper has included specific conditions stipulated under Article 596 of the Commercial Procedures Law, issued as per the Federal Law No. (18) on 07/09/1993, specifically the following: The term “cheque” should be written in the language used on … Continue reading Cheque and Period Preventing the Hearing of the Civil & Penal Lawsuits in UAE

Issues with penalty for cheque bounce

Last updated on September 25th, 2019 at 08:30 am Cheque bounce issues are very common in U.A.E just like anywhere else. Khairallah Advocates & Legal Consultants, one of the best Law firms in Dubai, have years of experience in dealing with a lot of criminal cases related to bounced cheques. As mentioned in our other blogarticle related to Bounced cheques, the law surrounding penalizing individuals for issuing bounced cheques is very clear on the point that one will be sentenced to detention or to a fine, if he or she draws a cheque, in bad faith, without sufficient funds. In … Continue reading Issues with penalty for cheque bounce

Cheque Bounce law in UAE & defending bounced cheque lawsuits

Last updated on September 25th, 2019 at 08:13 amBounced Cheque is a crime A bounced cheque is a crime of misdemeanor, that the punishment for the bounced cheque crime may be imprisonment for a definite/fixed term depending on the facts and circumstances of each case. The imprisonment may be coupled with a fine anything between 1,000 – 30,000 Dhs. And here comes the obvious question, Is there a defense to the bounced cheque? Yes, there are defenses to the bounced cheque crime. Before going to the defenses to the bounced cheque, let me shortly explain the general nature of the … Continue reading Cheque Bounce law in UAE & defending bounced cheque lawsuits