Issues with penalty for cheque bounce

Last updated on June 1st, 2019 at 10:30 am Cheque bounce issues are very common in U.A.E just like anywhere else. Khairallah Advocates & Legal Consultants, Law firm in Dubai, have dealt with a lot of criminal cases due 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 practice, this means that at the time of … Continue reading Issues with penalty for cheque bounce