Q: I am a trader, my clients provide me PDC cheques (post dated). As per new law if my clients bounce the cheque & I make a case against them, they won't be imprisoned, they would have to pay fine.  What about my payment, how would I recover my bill payments? Will they still be liable to pay my dues? Also, will they be under a travel ban?

Q: Dear Sir. I had been facing a problem that I lent some money to a colleague in an emergency situation, but now he ran away from Abu Dhabi without any information. I tried to contact him in his own country, but he is not cooperative. I had collected a blank cheque from him before 4 months for security. Is it valid to file a case? Because he also cheated other colleagues financially. I need your support.

Q: Good afternoon Sir, Kindly help me regarding my problem. I lent my loan to my manager since 2015. He took AED 100000, and he is not giving it back. I have all the evidence for that. What to do, can I go to the police? Kindly guide me.

Q: I have a bounced cheque of AED 75,000. It is under the name of a saloon and the owner is asking me to give her time to pay. She is telling me that she will pay me monthly starting this end of January, and she will pay AED 100,000 instead. Is it possible to do an agreement with this? If ever, is this valid in court?

Q: I hold a bounced cheque with the amount of AED 400,000 against the defaulter, that bounced in December 2017. A police case filed the police station. The defaulter has my account number and made a cash payment of AED 202,000 into my account, thereby having a proof of the money deposited in my account. The total amount currently owing is AED 198,000. The question is: Since the amount currently owing is AED 198,000, can I still proceed with a civil case against him? I have not given any clearance, nor have I accepted any further cheques from him yet. The defaulter promises to pay the remainder of AED 198,000 by July 2018. I think defaulter is trying to play a tactic so that he doesn't pay up the full amount. Can anyone shed any light on this area? Is there any way I can get a court order or a legal document signed by him and myself, along with a lawyer or witness, stating that he will have to pay AED 198,000 as promised by him? In case he decides not to pay, can I use that document in the court? Thanks

Q: We (12 persons) have invested in a Japanese restaurant (AED 100,000), each with 3 years contract. After 2 years, the owner failed to pay the shop rent for the past 6 months and the landlord had closed the shop. The owner signed a waiver to the landlord that he no longer has a claim on that shop, meaning to say, he already hands over the full restaurant to the landlord. The landlord already sold the shop to another person. 3 of the investors already have bounced cheques while mine will expire in Oct 2018, and others as well. Question 1. What is the procedure for filing a case against the previous owner since he breached our contracts? Question 2. My cheque is still not due, can I file a case against him? Question 3, Do we need to get a lawyer with regards to our case? Best regards, Lea

Q: I got a cheque of AED 220k which bounced. I opened a case with Sharjah police. They contacted the gentleman and his brother told me they detained him this weekend at the police station. It seems tomorrow a court appeal will happen. I have not been contacted by the police or the person who gave me the bounced cheque. The proposal according to his brother would be 14 cheques of AED 10k and two cheques of AED 35k (Total 16 months). If the person leaves the country, will I have issues for the cheques? If I leave the country to relocate somewhere else, do I have any issue to get my money? If in the 8months a cheque of AED 10k bounced, what will be the consequences? Thank you for your kind help.

Q: Hi, I lent some money to a friend here in Abu Dhabi as we are pooling money to invest in a hedge fund located in the USA. The contract and account linked to the hedge fund are my friend's. How can I document this agreement between me and my friend to whom I lent the money in case of any issues in the future?

Q: A colleague told us that she will put our money in stocks, assured us that we will be receiving a certain amount of earnings every month. But 4 months already passed, I did not receive anything. She is refusing to give me a cheque for my principal money. Is it possible to report her using the screenshots of messages we had? Or can a written agreement be made? If so, where can I have it done? And if I want it to be notarized, what are the requirements for notarization? I want to know if the notarized agreement can be used legally to report her. Thank you

Q: Hi. One of my friends has filed a cheque bounce execution case against me for AED 63000. I paid him AED 10,000 already. He kept my original passport and was not willing to give it back unless I pay him some more money. Also, his lawyer calls and threatens to get detention order issued against me if I don't pay immediately. Not sure what to do. I am willing to pay. Paid 10k also but can't pay all together as I was jobless for many months.

Q: I need legal guidance regarding a situation where a friend repeatedly borrowed money from me, promising to return double the amount because she claimed to be a professional trader. My concern is whether it is legal in the UAE for someone to take money from another individual to trade on their behalf without any formal agreement or license. I want to understand if her actions constitute a violation of any financial or trading regulations, and whether her promises of high returns could be classified as fraudulent or illegal under UAE law. Any clarification on the legality of these actions and the potential repercussions would be appreciated.

In the UAE, cheque bounce is a very frequent problem faced by people during their span in the country. It is covered under the purview of Commercial Transactions Law, and legal implications/penalties can be financially severe and daunting for more “serious” offenses. Bounced cheque issues may arise in a variety of commercial transactions, including but not limited to, companies’ exchanges, bank loans, property rents or purchases, and individual transactions.

This Law promulgates the Federal Penal Code (Criminal Law) of the United Arab Emirates. Crimes and chastisement punishments shall be determined in accordance with the provisions of this Law and other penal codes.

The provisions of this law, promulgating UAE Civil Code, govern the civil transactions in the United Arab Emirates. The commercial transactions remain subject to the laws and regulations applicable in their regard.

The law promulgates UAE Civil Procedures Code (Civil Procedure Law) which governs civil procedures in the United Arab Emirates, including the prosecution before the courts, litigation and execution.

The provisions of this Decree by Law amend the Federal Law No. (18) of 1993 by replacing Clause (4) of Article (379) as well as Articles (600), (617), (641), (642), (643), (644), and adding new articles numbered (635) Bis, (641) Bis (1), (641) Bis (2), (641) Bis (3), (641) Bis (4), (643) Bis (1), (643) Bis (2), (644) Bis (1) and (644) Bis (2). The Decree-Law also repeals Articles (401), (402) and (403) of the Federal Law No. (3) of 1987.