Questions & Answers
Questions & Answers
5 available 5 • View allDealing with a case by the bank for defaulting on a loan
6
Q: Dear Sir,
I have not paid a loan amount of AED 82000/- due to job loss. The bank is threatening to deposit a security cheque for AED 220,000/-.
How will the bank deposit more than the outstanding amount?
If the amount exceeds the cheque amount of AED 200,000/-, what is the next action by me?
Please clarify
Thanks and regards
Seshad

Feb 28, 2019
4647
The consequences of defaulting on a loan in Dubai
17
Q: Hi mam,
I had a loan in Dubai. I paid for some but then I couldn't pay for it anymore.
They filed a police case of a bad faith cheque, amount of 78000 AED, what is the punishment in this case?
Please advise!
Thanks!

Mar 3, 2020
6306
Settlement of a bounced cheque to issue a new employment visa
1
Q: There was a case filed against me in Muraqabat Police Station for bouncing cheque.
I was not able to pay my loan for more than 4 months as I lost my job and unable to pay. I informed the bank and negotiated with them, but they want me to pay at least half of the loan amount.
My problem now is that I got a job offer but my new employer cannot issue an employment visa for me as I am in the blacklist status.
My previous employer also cannot cancel my visa, they were able to cancel my labour card and already beyond the grace period of 30 days.
My previous employer told me that they will present my passport to the visa section and file an absconding case against me.
Please advise if they can really push filing an absconding case against me?
What shall I do regarding the bounced cheque so that my new employer can process an employment visa for me?

Aug 14, 2018
3097
We are late for rent in a hotel apartment. Is it legal to deposit a cheque for a higher value?


1
Q: We live in a hotel apartment in Bur Dubai which is closing down on March 31, 2023. We have always paid our rent on time.
However, we have dues of AED 22147.27 as of the date and they have an undated cheque of AED 28936 with them from us.
We promised them we will clear the dues between the 15th and 18th of this month, maximum by the 20th, and leave.
They are insisting on depositing the cheque by this evening even though for a higher amount and threatening further action.
Our questions:
1. Can they deposit a higher value cheque when the dues are much lesser?
2. What is the action open to them - can they evict us and if so, how soon?
3. We will clear the dues between the 15th and 18th, maximum by March 20, 2023, and they are not listening to the same. If we clear these dues and give our commitment in writing, can they still enforce action today/tomorrow?
Kindly advise.



Mar 14, 2023
130
How can I claim money owed to me using a blank cheque?




1
Q: Hello,
I have received 3 signed blank cheques from a known person for money owed to me. We had a handshake deal, which was not honored.
How can I claim the amount using a blank cheque?





+1
Oct 1, 2024
169
Legal blog
1 available 1 • View allBounced Cheques in the UAE: What You Need to Know in 2024 292
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.
Oct 15, 2024
222870
Laws & Regulations
3 available 3 • View allFederal Law No. (3) of 1987 Promulgating the Penal Code 29
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.
Dec 8, 1987
47964
Federal 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
148550
Federal Decree Law No. (14) of 2020 Amending Certain Provisions of the Federal Law No. (18) of 1993 Concerning the Commercial Transactions Law 4
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.
Sep 27, 2020
3564

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