UAE Commercial Transactions Law

Article 658 — Article (658)

Book Four: Commercial Papers · Part Three: Cheques · Chapter Three: Payment of Cheques: Article (648)

1. If (6) six months have elapsed from the date of the objection stipulated in Article (656) of this Law without the holder of the Cheque submitting a claim for payment, the objector may, within the following month, file an action before the competent court against the Drawee, requesting handing down a judgment that proves their ownership of the Cheque and authorizes them to receive its value. 2. If the objector does not file the action referred to in Clause (1) of this Article, or if a judgment is issued rejecting it, the Drawee must re-enter the funds for payment in the assets section of the Drawer's account.

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