Abu Dhabi: Dishonoured security cheques can no longer be used to arrest defaulters and convict them, in keeping with a decree by the President His Highness Shaikh Khalifa Bin Zayed Al Nahyan, a senior ...

(MENAFN- KNN India) New Delhi, Jan 12 (KNN) The Supreme Court ruled that when multiple cheques issued in a single transaction are dishonoured, each dishonour constitutes a distinct offence under ...

The Central Bank of Nigeria has raised the alarm over the rising incidence of dud cheques with estimates for the numbers processed in the last 12 months totaling N166billion alone, a development, the ...

The Central Bank of Nigeria (CBN) and the Independent Corrupt Practices and Related Offences Commission (ICPC), are canvassing for amendments to the Dishonoured Cheques (Offences) Act 44 of 1977. Both ...