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February 22, 2024
BOUNCED CHEQUE
BOUNCED CHEQUE Bouncing a cheque in the UAE can have serious legal consequences. Bounced cheques can result in criminal charges, including fines and imprisonment. The Federal Law Number 18 of 1993, issuing the Commercial Transactions Law, which regulates the matters of issuing cheques, defines a cheque in its Article number 483 as a commercial paper containing...
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