Q: I have taken a loan for a company which I was working as an Accountant. Whether I am liable for such a loan for the company? The bank has given the loan in the name of the company and the bank has taken a security cheque from my employer. In such a situation, whether any GCC ban will be there as I have left the country also?

Q: My ex-colleague was an employee in a Sharjah Hamriya Free Zone entity owned by an Indian expatriate. During his tenure as Finance Manager, he was a co-signatory to bank cheques. He has not signed any guarantee cheques or loan agreements with banks except as a witness to the document signed between the bank and the owner. He has resigned in Dec 2015 and since then the owner of the business has run away from the UAE. Now my colleague is under threat from the banks which have provided banking lines to the entity that he will be sued as he was also responsible as Finance Manager of the entity. Want to know can the banks include my colleague as a party to the case? If yes, what would be my colleague's liability? Can the bank file a criminal case & enforce a travel ban on my colleague?

Q: Hello Sir, I have been falsely accused by a company who has filed a complaint against me for a cheque I haven't signed. I am not able to travel because of this. How do I resolve it? Please advise.

Q: I was employed with a company which ran into troubles and stopped paying salaries. I was an authorized signatory and I had endorsed cheques of a third party to a local bank as a signatory. The bank filed a legal case against me, the owner of my company and the person whose cheques they are. It has been 4 months since I resigned, cancelled my power of attorney and mentioned in the resignation to remove my names from all banks. I have moved on and looking for a new job. I have opened a case against my ex-employer for my salaries and gratuity of 7.2 years. I have also placed visa cancellation request and I found out about this case when I was moving to my father's visa. Please advise what I can do, the cheque amount is AED 250k. I need to prove my innocence as I haven't taken the amount nor do I have this kind of amount to pay. I am innocent in simple words. I was just a PA to the owner and was doing my duties while I was there.

Q: Our company account is closed due to cheque bounce. Can we open an account with any other bank?

Q: My husband wrote a guarantee cheque for a friend who was in jail. He had a reputable business and my husband assumed upon his release his friend would be able to access his frozen account and make repayments. The so-called friend ran away and left my husband with a bounced cheque of AED 1048000. There is a big case against his ex-friend from many he has defrauded, it has been in the newspapers and affected many innocent people. The cheque has obviously bounced and a case has been filed with the police. We never took a penny of this money and have all our statements to prove this. Unfortunately, the payee doesn't care and wants money regardless, even though he knows the culprit has run away. 1. What is the process? 2. What are our options? 3. Could we get away with a fine? 4. If we present all the people who have been defrauded by this ex-friend to the court and our bank statements as proof, do we have a chance? 5. Will he go to jail and what kind of sentence is likely?

Q: If a company is liquidated or has filed for liquidation and there are PDCs jointly signed by any of the signatories [company employees], then please advise if the joint signatory is still liable for such PDCs (which have bounced, but no case is filed).

Q: Hello Hope you are well. I had a case with 2 company cheques of AED 400k combined. I was sentenced for a year, which I did an appeal and was fined with 35K AED as a fine. I paid and I left the country. Now, I have been served with a civil case and requested to attend the court on Monday. I can not be there now as I am outside the country but someone with a power of attorney will attend and request to postpone until I come. I want to ask if I can hire your services to move the case to the company and not me as I am an employee and not the owner and the bank account is not mine, I am just authorized to sign. I want to check if I will be stopped when I come to the country or none of that will happen until there is a verdict. Will there also be a travel ban? What are the next steps I should take?

Q: Hi, I have been given a special power of attorney by my company owner to represent the company. However, now that the company is not performing well financially and there is some outstanding to be cleared by the company to service providers like Etisalat and a few others as well. In such circumstance when the company is liable to pay the amount and the owner is not coming back from India due to medical reasons, what is my position in all this?