Article 5 of the Cheque Law regulates the prohibition of issuing cheques and opening cheque accounts in the event of a bounced cheque. According to this provision, upon the complaint of the bearer, a judicial fine shall be imposed against the issuer of the dishonoured cheque. In addition to the judicial fine, the court shall also impose a prohibition on issuing cheques and opening cheque accounts. If these prohibitions are already in place, the court shall rule for the continuation of the prohibition.
WHO IS PROHIBITED FROM ISSUING CHEQUES AND OPENING CHEQUE ACCOUNTS?
Real or legal person who has a chequing account,
Those who draw cheques on behalf of this legal entity,
In case the bad cheque is issued on behalf of a capital company, also the management body,
Company officials registered in the trade registry.
In addition, those who are banned from issuing cheques and opening cheque accounts cannot take part in the management bodies of capital companies during their prohibition. However, the current organ memberships of those who are banned will continue until the end of their term of office.
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