16 Hrs
Source:
الشرق
Misuse Hurts Cheque Value
Lawyer Salah Al-Jalahma stressed that a cheque is a payment instrument payable on demand, not a guarantee, and that misuse undermines its legal and economic value. He explained that presenting a guarantee cheque to the bank when there are insufficient funds may give rise to legal or criminal liability. However, pursuing a claim for its value through the criminal courts in a civil dispute may burden them with cases outside their jurisdiction and waste court time. He called for greater legal awareness, caution against uncalculated commercial risks, and feasibility studies before entering into business.
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