Labour Lawyers Dubai
Labour Lawyers Dubai
WASL BUSINESS CENTRAL, PORT SAEED, 6TH FLOOR, OFFICE 603-604, Deira, Dubai
+971-50-1888453
When a cheque is dishonored, the drawee bank immediately issues a ‘Cheque Return Memo’ to the banker of the payee mentioning the reason for non-payment. The payee’s banker then gives the dishonored cheque and the memo to the payee. The holder or payee can resubmit the cheque within three months of the date on it, if he believes it will be honored the second time. However, if the cheque issuer fails to make a payment, then the payee has the right to prosecute the drawer legally.
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