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Liquidation of an LLC company when a partner is not approving

One of the directors with a 16% share doesn't want to close the company.

The Emirati with 51% and 2 other directors with 17% & 16% want to close the LLC.

The license has expired 15 days ago. What to do now?

Abduraheem Padinhare Kayakalil

Mohamed Aleghfeli Advocates & Legal Consultants

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8 Apr 2019, 13:28

Normally, 75% of the shareholders of a company can pass the resolution for winding up the company, unless the Memorandum of Association of the company states otherwise.

However, I need to see the MOA and other documents to advise you on the matter. Feel free to reach me with documents at 0527520742

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