Shop rent cheque dishonour Karachi?
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I wrote on my personal experience when a client withdrew rent cheque from my office bank account. I told him that cheque has dishonoured for obvious reasons. But he came to me in such a way that I knew that this is not the first cheque dishonour that we have met. He has a habit of getting cheques dishonoured. I told him to bring his cheque book from his office and pay the cheque amount with his cheque book in his hand. He did not. I asked him to pay with his cheque book
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Shop Rent cheque dishonour in Karachi is the pain in the backside for shopkeepers. These dishonour payments to a supplier for unpaid rent can last months. Or even years. Such shop rent cheque dishonour are not uncommon. We have heard of them before. We are used to it. We know that such a situation can be the worst nightmare for a shopkeeper. But I must add that we at Law Firm Near PECHS Karachi are ready to defend
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Shop rent cheque dishonour Karachi? It is true that cheque payments are the oldest form of cash transactions, a fact that is not in question anymore. However, in Pakistan, the payments made through cheques are also known as “Dishonour cheques.” Dishonour cheques result when a bank has not received the cheque, either due to banking systems, or due to any other reasons that can’t be predicted in advance. canada immigration lawyer in karachi These cheques are returned to the issuing bank as a formal complaint,
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In Karachi, a big retailer and a shop owner both took shop rent cheque and agreed to deposit same amount in their respective bank accounts. But they never received it. They were shocked and angry, thinking that someone took the cheque. In this case, if someone dishonours the shop rent cheque, it means that he/she has not paid the rent amount to the landlord or the tenant. That is to say, he/she took the rent cheque and did not deposit it, causing losses to the owner and ownerless
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Shop rent cheque dishonour Karachi. I have personally witnessed this nightmare in my office in Karachi. A shop owner, Mr. Ahmed was a small time business owner in Karachi. He would receive a rent cheque from his landlord and handover his balance cheque after the month’s end. The problem was that the landlord would send an extra amount to the shop owner, so he would not get paid by the shop owner. In order to cover up the dishonor, the shop owner would pay his rent