Commercial Lawyers of Dubai have witnessed various opportunities offered by banks for relaxation in the credit cards and loans during Covid-19 Pandemic.
The month of Ramadan is considered as the most holy month as per the Hijri Calendar as Muslims around the world are obliged to undergo fasting according to the timetable.
Although the timings in Ramadan period has been reduced and the government has removed some restrictions over travel, it is yet not safe to travel freely and it is always recommended to move out of the house only when it is necessary to prevent any further spread of the virus.
In this pandemic situation, preserving good health of residents is indeed, yet not only the primary concern of the government of UAE as they are still issuing circulars with an intention to ease the situation of most of residents or foreign expatriates in UAE by allowing some relaxation in rental contracts.
MOHRE has issued this Resolution in line with the UAE Labor Law and to safeguard the interest of employers and employees during this pandemic.
Dishonored cheques are considered as a crime in UAE under Federal Law number 3 of 1987 on UAE Penal Code. Have you been in a situation where you issued a cheque, however, later paid the cheque amount in cash to the beneficiary but, the beneficiary failed to return the cheque or refuses to return the …
The aftermath of coronavirus outbreak is devastating and its impact on businesses and global economy is now easily discerned as catastrophic.
The chances of a cheque not being cleared by the bank due to either insufficient funds or false signature are critically high. Most countries consider cheque bounce as a criminal act.
However, the law lacked in providing an explicit guideline or procedure to initiate such claims before the relevant authorities in UAE.
Where there is a right, there is a remedy but when can you receive this remedy as the tough question here.