Questions & Answers
Consequences of a criminal case filed by the bank
I have a case filed against me by the bank last month end for failing to pay 2 EMIs.
I have been unemployed since April 2017 and have managed to pay my EMIs from the settlement I received from my previous company and some other EMIs by borrowing money from friends and families.
I have not been able to find suitable employment during this time and I have AED 52000 to pay the bank (the original amount being AED 254,000).
Please advise on the next possible actions.
Dear Questioner,
You may approach the bank for a revised settlement plan by explaining your situation. Please let me know the amount mentioned in the cheque which got bounced.
If it is less than 200k this will be considered as simple crimes. Accordingly, the drawers of bounced cheques for a value of AED 200,000 (or less) can be sentenced by the Dubai Public Prosecution directly (without being referred to Courts).
However, the sentence shall be for a fine only which does not exceed AED 5,000 to AED 10,000 (in practice).
If you need any assistance, information or guidance please feel free to contact me.
Thank you.
Regards,
Rajasree Ravivarma
0544461746
