The Malta Association of Credit Management acknowledges that dishonoured cheques undermine the role of cheques as a reliable means of payment, thus constituting a destabilising factor for the ...
Abu Dhabi: Dishonoured security cheques can no longer be used to arrest defaulters and convict them, in keeping with a decree by the President His Highness Shaikh Khalifa Bin Zayed Al Nahyan, a senior ...
Dishonoured cheques are a reoccurring problem and are on the rise since the onset of the financial crisis. As a result, there has been a sharp increase in criminal cases and complaints filed with the ...
A seminar on 'Dishonoured Cheques and Remedies under Sections 489-F PPC & 20 of Financial Institutions (Recovery) Ordinance, 2001', held in Karachi on November 18, under the auspices of Pakistan ...
The Karnataka High Court has ruled that individuals who issue cheques cannot avoid prosecution by claiming that a complaint was filed prematurely before the 15-day statutory period under Section 138(c ...
A Dhaka court on Sunday issued an arrest warrant against Bangladesh's renowned all-rounder and politician, Shakib Al Hasan, in connection with a dishonoured cheque case involving IFIC Bank. The arrest ...
The Central Bank of Nigeria has raised the alarm over the rising incidence of dud cheques with estimates for the numbers processed in the last 12 months totaling N166billion alone, a development, the ...
Though obtaining customer details from an ID card is recommended, our experience has shown that this does not always give the desired results. As to cashing a cheque within two working days, as ...
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