Questions & Answers
Questions & Answers
5 available 5 • View allDefaulting on a business loan and possible cases


1
Q: I have 2 bank loan cases and it’s not a personal loan, it was a business loan. The amount on the cheques is 370k and 490k
But for 1 bank I have paid most of its amount, and according to me, there will be an outstanding amount of 200k.
What will be the consequences if we take the case to the court?



Aug 15, 2019
589
Settlement of possible cases for outstanding bank debts
3
Q: Hi!
I want to know where I must go to check police case/s filed against me by the banks and where and how will I pay the fine.

May 29, 2018
1943
How to settle a bank loan while being in home country?
5
Q: I had a personal loan with a bank in the UAE. I lost my job during the pandemic in April 2020. I stayed in the UAE till Nov 2020 searching for a job but I couldn`t find a job so I was planning to travel to India.
They filed a criminal case in October 2020 so I couldn`t exit the country. I paid a fine of 10020 AED in Dubai police station and lifted the ban, then I exited the country.
The bounced cheque amount from the bank was 131000 AED. I had a credit card outstanding of 24000 AED from another bank. Now the outstanding is 41020.
How to resolve the issue as I am out of the country.
Will it affect traveling to any other GCC country?
They have filed a case now.

Oct 18, 2021
1252
Where to pay the fine of a police case?
1
Q: Dear sir/madam,
I was told at immigration upon entering the country that I have a police case with a fine of AED 5000. I went to the police and was told to go to Dubai court as there is a fine.
I am asking where should I pay the fine; at court or public prosecution?
It is a bank fine for sure.

Jun 20, 2022
495
Entering the UAE with a nationality passport different from the banned one

1
Q: Dear sir/madam,
I have dual citizenship and I’m currently banned from entering the UAE because of a legal case from my employer made against me.
Can I still enter without a problem with my other nationality passport?


Nov 3, 2022
353
Laws & Regulations
1 available 1 • View allFederal Law No. (5) of 1985 On the Civil Transactions Law of the United Arab Emirates 96
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.
Dec 15, 1985
148437

Other answers by
46 46 answers •
View allWhat to do in case of issuing cheques to a friend for rent and is not paying the amount? 0
Hi Ms. Jennifer,
My friend in Dubai opened her dance studio in Karama & requested me to give her 4 cheques in my name as they had some issues opening an account.
She assured me that every alternative month before the due date of the cheque she would deposit the said amount in my account. The 1st cheque was on 10 Nov 2022, for which she put the amount in my account.
On 10 Jan 2023 was the 2nd cheque & this time she did not put the money in my account, I borrowed money from my known sources to avoid the cheque bounce case.
It has been 13 days now & she has still not deposited my money in the account. How can I get out of this situation?
I want to take back my 2 pending cheques from the landlord as the class does not belong to me, I just helped on humanitarian grounds & this is what I got in return.
I have been messaging her pleading with her to deposit the money in my account but she has been giving me excuses.
Please guide & help me.
Jan 23, 2023
471
Starting a new business after closing the old one 0
Dear sir/madam,
I am planning to start a new business in the UAE. I left my old office and planning to go for the registration of a new license.
Is there any legal issue to start a business? And can I approach my existing clients for the new business?
Apr 18, 2022
281
Refusing to return the remaining rental cheques despite providing a proper notice 0
Dear sir/madam,
Can a landlord refuse to return the remaining rental cheques if the tenancy agreement has been terminated earlier with proper notice in place?
I am vacating a quarter earlier, but the landlord refuses to return the 4th quarter cheque until I vacate the premises and he makes post-inspection despite having a separate security deposit amount in place.
Feb 14, 2022
882
Is it possible to settle credit card debts after losing job and leaving the UAE? 0
Hi,
I was laid off in June 2020 during COVID19 and had credit cards in several banks. I had to leave the country but was still paying the banks up until September 2021.
So I was getting calls from the bank, and the last one was maybe in December 2021. A new law came into effect this January, so the cheque bounce was decriminalized but the civil case is still there and a new option of some kind of execution is also there now.
I don't know if I got any cheque bounce, do I get a notification on my email or SMS on my mobile? (My mobile is still active and I am outside of Dubai since then).
Also, want to ask- under the new rule does the execution smth can lead to imprisonment and/or a travel ban? And if yes then for how long?
Will I be able to come to Dubai and find a job if the execution case is there?
Thank you
Feb 7, 2022
505
Vacating an apartment by the landlord upon tenant's refusal of the new contract 0
Hi,
I have a query regarding a contract renewal. I have given notice by the notary public to my tenant to vacate my apartment.
He is not agreeing on terms and conditions and is asking to have the same terms and conditions as the previous year's contract, for which I said that I will not sign the contract which contains renewal terms and conditions.
(I told him 90 days before the current contract expiry date that I am not willing to renew and I will give the notice to vacate).
So if I do not sign the contract and it gets renewed automatically, can my tenant challenge the notice by a notary public at the time of vacating the apartment?
Thank you!
Jan 24, 2022
517
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