Article 5 of the Cheque Law contains provisions regarding the prohibition on issuing checks and opening check accounts in the event of a check bouncing. According to this provision, upon complaint by the holder of the check, a judicial fine is imposed on the drawer of the bounced check. In addition, the court imposes a prohibition on issuing checks and opening a check account in addition to the fine. If these prohibitions are already in force, the court decides to continue the prohibition.
WHO IS SUBJECT TO THE PROHIBITION ON ISSUING CHECKS AND OPENING CHECK ACCOUNTS?
o The real or legal person who is the owner of the check account,
o Those who issue checks on behalf of this legal person,
o The management body if the rejected check was issued on behalf of a capital company,
o The authorized representatives of companies registered in the commercial register.
Furthermore, those subject to the prohibition on issuing checks and opening check accounts may not serve on the management bodies of capital companies during the prohibition period. However, the current memberships of those subject to the prohibition decision continue until the end of their terms of office.