Navigating Legal Consequences of Bounced Cheques in Dubai Airport Free Zone: Common Mistakes and How to Avoid Them

Navigating Legal Consequences of Bounced Cheques in Dubai Airport Free Zone: Common Mistakes and How to Avoid Them

Understanding Bounced Cheques in the DAFZA In the context of the Dubai Airport Free Zone Authority (DAFZA), a bounced cheque is defined as a cheque that cannot be processed due to insufficient funds in the account of the issuer. This situation arises when the issuer fails to maintain sufficient balance or issues a cheque without … Read more