50 likes | 61 Views
Tasheel Legal Consultancy, professional lawyers can help you in Recovering money after Cheque Bounce case in UAE including all the emirates Dubai, Abu Dhabi, Sharjah, Ajman, Fujairah, RAK and Umm al Quwain.
E N D
How Can Recover the Amount Against Bounced Cheque 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@tasheellegal.ae www.tasheellegal.com
The Cheque A cheque or check, is a note/document that orders concerned bank to pay the specific amount of money from an individual account, personal account or company account. The person writing the cheque, known as the drawer, has a transaction banking account where their money is held. “An order to bank to pay a stated sum from the drawer’s account, which is written on specially printed form”. The cheque is vital in almost all the areas of personal and business transaction, so it is termed as essential. The important concern of every economy, issuing or using cheque has the mode of transaction.
Cheque Bounce Circumstance The cheque bounce circumstance happens, when the drawer issues the cheque without sufficient fund in the account or any of the above-mentioned reasons other than this. The concerned bank issues a letter of cheque bounce, and now the drawee has the right to take legal action by registering a police complaint against the issuer. It is termed as most common financial offense, wherein the issuer of the cheque may land in legal trouble, like criminal or civil case, and also the credit ratio in Central bank/ Al Etihad credit bureau, may impact. As per the UAE law, the drawee of the cheque can file the criminal case against issuer of the cheque, but again after filing a criminal case the drawer would not receive the cheque amount, or payment, since the criminal case is obliged the issuer to face criminal penalties such as imprisonment or fine to be submitted to the court, as per the present conditions herewith.
The law of the court examines the case thoroughly, and gives the final verdict, adhering to principles of Sharia. Hence to defend and to receive the best outcome the legal team at Tasheel legal Consultancy would guide you through further for better understanding. The alternative way other than filing a civil case is appointing a debt collection agency, who are capable to collect it diplomatically, which can save all the court charges and legal time. Tasheel Legal Consultancy, professional lawyers can help you in Recovering money after Cheque Bounce case in UAE including all the emirates Dubai, Abu Dhabi, Sharjah, Ajman, Fujairah, RAK and Umm al Quwain.
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@tasheellegal.ae www.tasheellegal.com