Register now or log in to join your professional community.
The case is going on in sharjah courts and final judgement is onth june.
All the funds under his name. what happens after the criminal case is over.
I know only Indian Laws. Basing on that...
I would like to ask what kind of criminal case is gettting adjudicated as you mentioned with out details?
Always there should be a reason to issuing a check to any one and the legal liability should exist as well.
Further you need to provide more details and need to clear in what is that advise you wanted to seek here please? Thanks.
Yes. The contract shall establish when each check can be cashed, if at all. Explain if those checks are a guarantee for what. in other words everything shall be clearly written and explain the why, what, when and how the share in the family businees shall operate.
Any engagement related to business , needs to be formal whoever are the parties .
So they must sign a type of contract / agreement .
Yes, Contracts are safe guards , however, blank cheques are not legal in most countries.
Yes.
Amount must be written on the cheque by the same (authorised) person, in order to enforce legally.
Yes for sure! You have to make a signed formal contract for it!
The Transperancy & Written contract necessary to avoid ultimate
misguide and understanding.