Q: I have a bounced cheque of AED 75,000. The owner is asking me to give her time to pay. She will pay me monthly. Is it possible to do an agreement with this? Is this valid in court? A: In this scenario, you can file a motion against her and you will receive the whole amount along with interest…

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Settlement agreement for paying the amount of a bounced cheque

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?

MIO Law Firm (Abu Baker Salem Advocates & Legal Consultants)

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18 Jan 2018, 06:48

Good morning,

In this scenario, you can file a motion against her and you will receive the whole amount along with interest.

Before proceeding with any action, we advise you show us the cheque and other documents.

You can visit our office to discuss further. My contact no. +971 565989309.

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