Dubai – Bounced Cheque may mean time in Jail

By 25/02/2010 May 29th, 2012 No Comments

There was an unfortunate case 2 months ago where a managing director from a large company (which had closed) was arrested at the airport (thankfully not in front of his children) because he had been the signatory on a cheque which the company failed to honour. Unfortunately in the UAE a dishonoured cheque can be tantamount to a warrant of arrest.

When leaving the country or your company be sure that the company re-issues all post dated cheques (that you have signed) with a signatory other than yourself (unless you are confident that your company will honour the cheques). Remember also that you give the bank cheques when financing your cars, opening a bank account and of course there is the landlord.

Candice Beherens

Ian Mc Laren

Ian Mc Laren

Ian McLaren BA LLB (WITS) General Educated St Johns College, Houghton. BA LLB University of the Witwatersrand 1984 Founded McLarens Attorneys September 1986. Right of Appearance High Court, October 1996. Expertise Litigation, Labour Law, Commercial Law, Family Law, Pension and Provident Funds, Customs and Excise, Wills, Deceased Estates, Trusts, Commercial Agreements, Reviewing and Drafting Government Legislation, Information Technology. Committees/ Trusts Law Society of South Africa Information Technology Committee. Trustee Verney College Educational Trust Other Transvaal Provincial colours for Practical Shooting. Third degree Black Belt JKS Karate. Photographer and motor cyclist Lectured for Continuing Legal Education on Information Technology issues.