Tuesday , December 12 2017

Tag Archives: cheque

‘Surge witnessed in rate of dud cheques in six months’

KUWAIT CITY, Nov 20: Cases of bounced cheques in the country have been assuming an alarming rate, considering the value of dud cheques rose to KD 864 million within the first six months of 2017, reports Al-Seyassah daily. Official statistics from the Central Bank of Kuwait (CBK) indicate the value …

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Securitymen bust gang of bank cheque forgers

KUWAIT CITY, May 3: Personnel from the General Department for Criminal Investigation have arrested members of what is believed to be the most dangerous gang who specialized in forging bank cheques in the country, reports Al-Qabas daily quoting a knowledgeable security source. The arrest came upon instructions given by Assistant …

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KD 2 million dud cheque

KUWAIT CITY, Dec 19: The court has ordered an expatriate to pay KD 2 million to an undisclosed person to whom he issued a dud cheque for this amount. The judiciary also ordered deportation of the defendant upon completion of payment. Share

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Settlement by cheque

Please advise if it is a must for a company to pay by cheque an employee’s final settlement dues? If the due amount is very small figure, say less than fifty dinars, can the company pay such small amounts by cash or is it a must to pay by cheque? …

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