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Federal Decree Law, Amendments and Laws

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The government of the United Arab Emirates recently announced changes regarding rejected checks. The Federal Decree-Law No. 18 of 1993 pertaining to commercial transactions. Top Lawyers in Dubai with Government Lawyers and Law Firms . Position in the Past & Recent Changes The most significant modifications are the altered criminal penalties associated with the offence of a bounced check. Lawyers in Abu Dhabi will tell you exactly what recent changes have been done to the laws regarding this issue. Previously, under the former UAE Penal Code (Federal Law No. 3 of 1987), a cheque bounce caused by a lack of cash may result in incarceration as a form of criminal punishment (Article 401). The Penal Code's deletion by the new law, however, essentially eliminates any criminal culpability in the event that a check bounces due to a lack of cash. Instead, the new law offers the following options as a remedy for a lack of funds: The beneficiary of a bounced check may utilize it to launch...
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Arbitration and Process and Lawyers cum Arbitrator

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Arbitration and Process and Lawyers cum Arbitrator Regardless of what else is going on in the world, whether it be a natural disaster or political unrest, everyone is currently most worried about the pandemic and its serious effects on the entire planet. The entire economy, the majority of the industry, and administrative divisions in many areas of the world, including the Middle East, have all been negatively impacted by the novel coronavirus infection (COVID-19) pandemic. Our current system of cooperation and teamwork has changed as a result of the peaceful lockdown that is currently in place across the Middle East. It has undoubtedly had an impact on the area that will be covered in this article, namely arbitration, and how arbitrations are handled in the UAE according to the lawyers in Abu Dhabi . The good news in this difficult year is that arbitration was created for situations like this. It is, or should be, malleable and open to the demands of the party. Almost all arbitration...
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