tasheelegal (4)

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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_at_tasheellegal.ae
• www.tasheellegal.com

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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 drawers 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.
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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.
 
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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.  
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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 www.tasheelle
gal.com