Dubai: Dubai Chambers has successfully completed two legal workshops designed to provide businesses with the knowledge and tools to effectively manage debt collection and address legislation on bounced cheques in the UAE.
The virtual sessions drew participation from 166 professionals representing diverse industries in the private sector.
Debt Recovery Strategies
The first workshop, held in collaboration with Hamdan Al Shamsi Law Firm, provided a comprehensive overview of legal strategies for debt recovery. Participants explored essential topics such as issuing legal notices and correspondences, performance and payment orders, and implementing precautionary measures.
The session also highlighted proactive approaches to managing overdue debts, including best practices in drafting contracts, conducting credit checks, and efficient invoicing methods to reduce the risk of non-payment while maintaining positive client relationships.
Bounced Cheques Legislation
The second workshop focused on the legislation governing bounced cheques in the UAE. Hosted in partnership with Hadef and Partners, this session offered practical guidance on preventing and managing bounced cheque cases.
It also covered effective dispute resolution strategies and examined recent developments in the legal framework surrounding bounced cheques in the UAE.
Both workshops reflect Dubai Chambers’ commitment to fostering a supportive and competitive business ecosystem.
By equipping companies with practical expertise and effective legal tools, Dubai Chambers aims to enhance their operational efficiency, encourage the adoption of best practices, and support sustainable growth in the UAE’s private sector.