Questions & Answers
What can a cheque signatory of company expect if a cheque he issued has bounced?
Dear Respected,
I have a travel ban on me and a case raised in Dubai Courts against the company. The reason is the company owner asked me to sign a cheque to a service provider and the cheque bounced.
I'm not a shareholder in the license. I'm not a partner in the license or elsewhere. I'm not a manager in the license or elsewhere.
I only hold a POA from the owner to assist him in opening a bank account while he was abroad and be the authorized signatory in the bank.
What should I do in this case?
Thank you respected.
Dear M.
Thanks for your question,
Is the kind of case filed against you a cheque execution?
If it is a cheque execution, then a travel ban is imposed against the signatory.
You have the option to file a grievance against the order. If you need my help, you can contact me by phone or email.
Thanks and Regards
The bounced cheque was previously punishable by imprisonment and a fine, but after amending the law, there is currently no criminal case in the cheque, due to a closed account or else, but the criminal case is in the case of forgery.
The situation is that a civil case is being registered and some procedures are being taken to collect the amount.
If there is a problem or issue regarding bounced cheques, or you have had a previous judgment or action against you, it can be canceled.
You must contact us to take the necessary legal procedures to cancel the procedures.
Dear Mr. Mohamed ,
Pursuant to the query, we need to know how much is the cheque amount and need to see the POA.
Kindly contact us on our phone to discuss the mater in detail.
Thank You.
