Q: Our company is not operational anymore as we had debt with two banks and we are now in India. So, we have been negotiating with the bank directly to bring down the one-time settlement amount. We most likely have two cases against our company by these two banks. I need two services from you. 1. Collect debt on behalf of us - from several companies - total around AED 1.3 million. What's the likelihood of collecting these debts? How will you pay back to us in order for us to settle to other suppliers? And is there any fee or once you receive our payment? If there is an upfront fee, we are unable to pay at this stage. 2. We already have AED 600k worth of cheques under our company name. How will you help in cashing those cheques on behalf of us? Is there a way? If we deposit into our bank account, does it get deducted towards our debt without reaching a settlement. There are 4 cheques. Share your thoughts. We would hire you if your answer makes complete sense to us.

س: ما فائدة الإخطار العدلي؟ في حال التوجُّه للمحكمة لتقديم دعوى بالمطالبة بالمستحقات للشيكات، كم المدة الزمنية التقديرية للحكم؟ وهل حكم القضاء يكون بكامل المبلغ أو دفعات شهرية من الخصم؟

Q: Hi I have a credit card payment of amount AED 5600 which I failed to pay as I am out of the UAE. Now, I want to pay off to avoid any legal issue. What can I do for that?

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.

This Law applies to merchants, as well as to all acts of commerce carried out in the UAE by any person even though he be not a trader. Commercial matters regarding which specific Federal laws are issued shall be subject to the provisions of such laws, and to the provisions hereof which do not contradict with said laws.