Banks’ security cheque protection lifted in Emirati default cases

Banks’ security cheque protection lifted in Emirati default cases

Upon instructions given by the President, His Highness Shaikh Khalifa bin Zayed Al Nahyan, regarding Emirati defaulters, and without prejudice to the proof of security cheques in evidence, the criminal protection stated in article (401) of the penal code No (3) for 1987 will be lifted on security cheques presented by banks and financing companies against Emiratis.

By (Wam)

Published: Thu 25 Oct 2012, 9:44 AM

Last updated: Tue 7 Apr 2015, 11:40 AM

The prosecution will reserve all statements and the courts will abate all cases before them and then immediately release all detainees and convicts since the competent prosecution proves these cheques guarantee the defaulters’ commitment.

According to Presidential instructions to the Minister of Justice, the Undersecretary of the Abu Dhabi Judicial Department, the Federal Attorney-General, the Attorneys-General of Abu Dhabi, Dubai and Ras Al Khaimah, and Secretary-General of Interior Minister’s Office, Director of the Dubai Courts and Chairman of the Ras Al Khaimah Courts, the court can temporarily release the detainees or convicts against bails that the prosecution deems fit until the investigation establishes the status of the cheque.

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