Around 290 defaulters released on UAE President's instructions.
Since the presidential order, on October 25, the Public Prosecution in Abu Dhabi has taken executive measures to implement the directive waiving the criminal procedures on security cheques.
Public Prosecution has also shelved all complaints in this regard and has also issued a certificate to the beneficiaries to protect them from any future prosecution.
The Public Prosecution called on citizens, who have similar cases in courts or are being sued by banks or finance companies, to report it to its offices across the emirate to rectify their status and receive the certificate.
An official source at the Public Prosecution said the annulment of the criminal procedure on security cheques does not negate its right to take legal action on financial rights of these banks and companies.
However, he clarified that these cases will be exclusively processed by civil courts -- criminal procedures will be halted and all detainees will be acquitted.
He added that the presidential orders do not consider security cheques issued by individuals which will remain under criminal procedures.
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