Bounced cheques and failed mandates are more than administrative issues, carrying potential criminal charges and significant ...

A bounced cheque may seem like a minor slip, but it can quickly trigger penalties, credit damage and even legal complications. What starts as a simple payment error can snowball into a serious ...

To support the system the bank agrees to pay the amount n the cheque when it is properly presented, assuming there are sufficient funds in the payer's account to cover the amount of the cheque. There ...

The Supreme Court on Tuesday held that a cheque is dishonoured only if it represents a “legally enforceable debt” on the date of its maturity or presentation. “For the commission of an offence under ...

We are a service provider company and we receive cheque payments from many of our customers. One of our clients is not paying us regularly. His cheques are frequently bouncing. We have requested him ...

If a cheque bounces, you could face legal trouble, big fines, or even jail time. Here are five simple rules every bank account holder should know about deadlines, penalties, and the law.

The year 2020 on the cheque date can lead to financial fraud, if not written correctly Also In This Package How to read your UAE visa stamp: Key elements Part-time work in the UAE: How you can apply ...