Interpretation of DMCC Company Law
Can you imagine having to do business without any reasonable expectations from other people? Would you be able to do business if you did not...
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Foundations in ADGM
Since 2017, foundations have rapidly become the first-line option for territorial wealth construction and international inheritance planning. Like trusts, foundations are used for different purposes,...
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Debt Collection in the Middle East
"The fact is, we'll never build a lasting economic recovery by going deeper into debt at a faster rate than we ever have before," is...
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Laws Governing Bounced Cheques in UK and US
Implications of bounced cheque in the UK: In the United Kingdom (UK), cheques are considered legal documents, and their use is governed by the Bills...
Read MoreLaws Governing Bounced Cheques in Bahrain
Bahrain; criminal and civil implications of the bounced cheque: A cheque is defined in Article 446 of the Bahraini Trade Law Number 7 of 1987,...
Read MoreLaws Governing Bounced Cheques in the Kuwait
Kuwait bounced cheque law and implications: The Civil Code of Kuwait regulates matters related to cheques. In Kuwaiti law, once is cheque is issued, it...
Read MoreLaws Governing Bounced Cheques in the Kingdom of Saudi Arabia
The Kingdom of Saudi Arabia implications of bouncing of the cheque: Royal Decree Number 37 dated 11/10/1383 amended by Royal Decree Number M/45 dated 12/9/1409...
Read MoreLaws Governing Bounced Cheques in the UAE
The United Arab Emirates Law (UAE) A cheque bounce is a misdemeanour (a criminal offence) under UAE law punishable by imprisonment, fine, and either of...
Read MoreDebt Recovery in Saudi Arabia
Saudi Arabia, along with UAE, is ranked as the most sophisticated country related to the international debt collection surveyed in the debt collection procedure in...
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