Know your legal rights inward the UAE
We convey been running a trace organization consultancy fellowship inward Sharjah since 2013. Our fellowship was blacklisted past times the Central Bank of the UAE inward Feb 2017. Our company's trace organization human relationship was closed past times the bank, due to which 2 cheques for Dh2,500 together with Dh3,500 issued past times us bounced. We eventually paid the political party concerned inward cash. We filed a electrical load amongst the Central Bank of the UAE together with got a reference, merely never received whatsoever response. We are forthwith facing problems running the trace organization without a banking concern account. Please suggest how to legally take away the blacklisting of our company.
Pursuant to your queries, it is non clear from your enquiry whether closure of your banking concern trace organization human relationship resulted inward dishonour of the cheques issued past times you; or whether your banking concern trace organization human relationship had been closed due to dishonour of cheques issued past times you; or whether the licence has been blacklisted/blocked past times the Central Bank of the UAE due to whatsoever other reason? How tin laissez passer on notice you lot run your licence if your licence is blacklisted/blocked past times the Central Bank of the UAE? Conducting whatsoever trace organization nether a blacklisted/blocked licence is illegal.
Pursuant to your queries, it is non clear from your enquiry whether closure of your banking concern trace organization human relationship resulted inward dishonour of the cheques issued past times you; or whether your banking concern trace organization human relationship had been closed due to dishonour of cheques issued past times you; or whether the licence has been blacklisted/blocked past times the Central Bank of the UAE due to whatsoever other reason? How tin laissez passer on notice you lot run your licence if your licence is blacklisted/blocked past times the Central Bank of the UAE? Conducting whatsoever trace organization nether a blacklisted/blocked licence is illegal.
Normally, the Central banking concern of the UAE does non unopen banking concern accounts if 2 cheques for Dh2,500 together with Dh3,500 are dishonoured upon presentation to your bank. It seems that your licence may endure blacklisted/blocked past times the Central Bank of the UAE due to another reason.
If the licence is blocked due to dishonour of the aforesaid cheques - which you lot convey after paid inward cash to the debtor - you lot may obtain a unloose from the debtor together with furnish it to the Central Bank of the UAE amongst a asking to take away the block on your licence.
Know the law
"If the licence is blocked due to dishonour of the aforesaid cheques - which you lot convey after paid inward cash to the debtor - you lot may obtain a unloose from the debtor together with furnish it to the Central Bank of the UAE amongst a asking to take away the block on your licence."
Know the law
"If the licence is blocked due to dishonour of the aforesaid cheques - which you lot convey after paid inward cash to the debtor - you lot may obtain a unloose from the debtor together with furnish it to the Central Bank of the UAE amongst a asking to take away the block on your licence."
Ashish Mehta is the founder together with Managing Partner of Ashish Mehta & Associates. He is qualified to utilisation constabulary inward Dubai, the United Kingdom, Singapore together with India. Full details of his theatre on: www.amalawyers.com.
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