How can we prevent blocking accounts and assets in a cheque execution case against our company?

Legal Response:

The company has the right to challenge the excessive amounts executed by filing a judicial accounting case to determine the actual amounts due to the bank.

After initiating this case, the company is entitled to request the Execution Judge to temporarily suspend the execution until a final judgment is issued regarding the actual amounts owed.

Furthermore, the company has the right to request the cancellation of the attachments imposed on its accounts and assets.

However, this is subject to providing financial guarantees acceptable to the judge, ensuring that funds or assets are not transferred, thereby safeguarding the rights of all parties involved.

If you require further clarification or assistance, please do not hesitate to contact us by phone.

Dear Client,

Thanks for your question!

I hope you are doing well. I will assist you in this matter.

In this cheque execution case, swift action is crucial. Account blocking by the Central Bank can occur within days, while vehicle impoundment may follow shortly.

The repercussions include frozen funds, disrupted operations, and damaged business relationships. To avoid these, consider:

1. Filing an urgent appeal to the execution judge

2. Negotiating directly with the bank

3. Expediting your installment request approval

4. Offering alternative security

5. Seeking specialized legal representation

6. Demonstrating good faith with additional payments

Time is critical. Act quickly to protect your assets and operations while working towards a resolution. Emphasize your partial payment and willingness to settle the remaining amount to potentially halt the execution process.

You can contact us via WhatsApp for further clarification or additional support. We are dedicated to providing professional, timely, and comprehensive assistance tailored to your situation.

Thank you,

ABDUL WAHIED

Greetings of the day,

Once a Cheque execution case is filed, the court can issue orders to freeze bank accounts and seize assets, including vehicles, fairly quickly—often within a few days after approval.

Since the execution order has already been sent to the Central Bank, the bank accounts may be blocked at any time, affecting your ability to make payments, process payroll, and conduct business transactions.

The vehicle impound order will also be enforced, preventing its use or sale.

Since you have already paid over 50% and requested installment payments for the balance, your best option is to immediately follow up with the court execution department to expedite the approval of your installment request.

You can also file an urgent petition requesting a temporary suspension of the execution until the installment plan is approved.

Additionally, negotiating directly with the bank to obtain their consent for the installment request can strengthen your case.

If needed, legal representation can help speed up the process and explore further legal remedies to prevent asset seizures.

Best Regards,

Sara Al Saedi Advocates and Legal Consultants

Wishing you a pleasant day ahead,

Once a cheque execution case is filed, the court can issue orders to freeze bank accounts and seize assets, including vehicles, fairly quickly—often within a few days after approval.

Since the execution order has already been sent to the Central Bank, the bank accounts may be blocked at any time, affecting your ability to make payments, process payroll, and conduct business transactions.

The vehicle impound order will also be enforced, preventing its use or sale.

Since you have already paid over 50% and requested installment payments for the balance, your best option is to immediately follow up with the court execution department to expedite the approval of your installment request.

You can also file an urgent petition requesting a temporary suspension of the execution until the installment plan is approved.

Additionally, negotiating directly with the bank to obtain their consent for the installment request can strengthen your case.

While your installment request is pending, the bank has proceeded with execution, which is concerning. This suggests a lack of communication or a disregard for your attempts to resolve the issue.

Once the Central Bank receives the court order, the account block can be implemented very quickly, sometimes within 24-48 hours or even sooner.

You need to file an urgent motion with the court to stay (stop) the execution order immediately.

If you need our assistance kindly share your WhatsApp number.

According to UAE law, account freezing can occur immediately after the court's execution order, typically taking 1 to 3 days to block the accounts.

The repercussions include suspension of financial transactions, and preventing withdrawals or transfers. As for the vehicle, it will remain impounded until the outstanding amount is settled.

To avoid the freeze, you can request a quick settlement or submit an appeal to modify or delay the execution.

For legal assistance and WhatsApp contact, feel free to reach out to us, as we specialize in such cases.

Can you share the details of your execution case, amounts due to be paid, and proof of payment slips?

Based on a review of the documents, we can assist you further by providing you with potential legal solutions such as filing a suspension in your execution case while the installment request is yet to be processed if you can give us some additional information such as:

1. Which Emirates did these events happen?

2. Emirates ID

3. Email and phone number.

Looking forward to your response. Please feel free to reach out to us on our WhatsApp.

Dear questioner

As the case is in an initial stage we can file a defense and then file the evidence of settlements, that will be better to get a fair installment plan and to settle through court without many issues.

If you need our assistance, kindly share your Whatsapp number.

Dear Inquirer

We are pleased to serve you and address your inquiries.

We can help in this matter and answer your questions after reviewing the implementation file and the procedures that were taken in it if you have a desire to appoint us to represent you in the file.

Contact us via email or call our offices in Dubai or Sharjah.

Jasim Al Haddad Advocates & Legal Consultants

Dear AK,

Thank you for reaching out. Based on your situation, here’s a summary of the key points:

Timeline for Account Block and Vehicle Impoundment:

The bank will likely block the company’s account within a few days after receiving the court order. The vehicles will also be impounded promptly once the order is executed.

Repercussions:

The account block will restrict your access to funds, impacting the company’s ability to operate.

The impounded vehicles will be unavailable for use, disrupting business operations.

Options to Avoid the Block and Impoundment:

Expedite the Court Process: Follow up with the court regarding the amendment of the claimed amount and the installment approval.

Negotiate with the Creditor: Request a temporary halt to the execution, given that over 50% of the amount has already been paid.

File an Urgent Application: Apply to the court for a temporary suspension of the execution order while the installment plan is finalized.

Immediate Actions: Contact the bank and the court to delay or halt the execution while you settle the remaining balance. You may also consider negotiating with the creditor for an adjustment to the payment plan.

Let me know if you need further assistance in taking these steps.

Best regards,

Mohammed Salah

Legal Consultant