Cheque bounce will not be an offense in UAE w.e.f 02/01/2022

The UAE Cabinet issued the Federal Decree-Law No. 14 of 2020 (Decree Law) amending various provisions of the UAE Penal Code and the Commercial Transaction Law, which will come into force on 2nd of January 2022. The major part of the amendment in relation to Cheque Bounce are as follows:The Decree Law inter alia cancels […]

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