Question: I am a Dubai resident and my business has run into some problems. With cheque bounce cases decriminalised in UAE, can you explain to me what happens if my postdated rent cheque is not honoured? I am confident I will have enough funds in my account before the cheque is due, but in case it does not, what must I do? I have requested the real estate company to not submit the cheque for encashment till I confirm but am yet to receive a positive response. Please advise the penalties if my cheque bounces in such a scenario.

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