What Do You Need To Know About Cheque Bounce Issues & Cases In UAE? - PowerPoint PPT Presentation

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What Do You Need To Know About Cheque Bounce Issues & Cases In UAE?

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They will help you understand the different types of cheque bounce issues & cases in UAE and your case so that you will have a better understanding of the current situation. – PowerPoint PPT presentation

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Date added: 8 November 2020
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Provided by: tasheelegal
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Title: What Do You Need To Know About Cheque Bounce Issues & Cases In UAE?


1
What Do You Need To Know About Cheque Bounce
Issues Cases In UAE?
  • Tasheel Legal Consultancy
  • Emirates Islamic Bank Bldg,Al Qusais Metro
    Station,Al Nahda Road (Al Qusais 2),Near Al
    Twar Center Ministry of Education Bldg,Dubai,
    United Arab Emirates
  •  
  • M 97165363791
  • E info_at_tasheellegal.ae
  • https//www.tasheellegal.com/

2
  • The cheque bounce issues cases in Dubai can be
    attributed to several reasons but primarily due
    to the debtors failure of paying the debt to the
    creditor on a specific date agreed thereon.
    Cheque cases are extremely serious in Dubai and
    other emirates in the UAE. A cheque which is
    returned or dishonoured can lead to the civil
    case, criminal case or both. The factors which
    lead to the cheque being dishonoured are
  • Insufficient funds in the bank account on the
    date of issuance of the cheque.
  • An order to the issuer bank to refrain from
    making the payment.
  • Mismatching signatures or other technical errors.
  • Closure of the bank account before encashment of
    the cheque.

3
How to get legal advice on cheque bounce issues
cases in UAE
We all know that a filled and signed cheque acts
as an authority to the bank to disburse the money
of the drawer. As a cheque issuer, you must be
aware of all the cheque bounce issues cases in
UAE so that you will be careful while handling
all the transactions with a cheque. You must also
satisfy the conditions while using the cheque for
any commercial or personal transactions. A
bounced cheque is the situation when the payee
presents the cheque to the bank but it is
rejected by the drawer bank. A cheque is the
payment instrument which used with liability
during any transactions. Since there are many
reasons for the bounce cheque the payment failure
will happen. But during these times, the bank
will provide the grace period to handle all the
issues.
 
4
Whether you are an issuer or a payee, you can get
the legal advice on the cheque bounce issues
cases in Dubai. For this, all you need is to find
the right consultancy where the experienced
lawyers will help you in handling these issues.
They will help you understand the different types
of cheque bounce issues cases in UAE and your
case so that you will have a better understanding
of the current situation. They will also help in
with the future proceeding and ways to handle the
issues. Thus, when you handle transactions with
cheque make sure you avoid any cases or issues
with it. Even if you encounter any issues, then
get the legal advice from the lawyers.    
5
Thank You!!!
Tasheel Legal Consultancy Emirates Islamic Bank
Bldg,Al Qusais Metro Station,Al Nahda Road (Al
Qusais 2),Near Al Twar Center Ministry of
Education Bldg,Dubai, United Arab Emirates  M
97165363791 E info_at_tasheellegal.ae https//www.t
asheellegal.com/
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