UAE Cabinet Approves Federal Decree-Law to Amend Provisions of Commercial Transactions Law 

On the 26th October 2020, the UAE Cabinet, approved the issuance of a federal decree-law to amend several provisions of the “Federal Law on Commercial Transactions”.   The amendments which come into full force and effect in 2022 provide for a fast, robust, and civil mechanism to collect the required payments resulting from bounced cheques and …

UAE Cabinet Approves Federal Decree-Law to Amend Provisions of Commercial Transactions Law  Read More »