Just as threatening the title of this article may seem, the consequences of a returned cheque or a bounced cheque can be similar in UAE.
Since a cheque is meant to replace money, people must have trust in it. Therefore the UAE penal law levied a punishment against anyone issuing insufficient funds its due date. Such a crime is known as the bounce cheque crime.
Dr. Hassan Elhais discussed the five points you should know about the Cheque.
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