Q: My ex-colleague was an employee in a Sharjah Hamriya Free Zone entity owned by an Indian expatriate. During his tenure as Finance Manager, he was a co-signatory to bank cheques.
He has not signed any guarantee cheques or loan agreements with banks except as a witness to the document signed between the bank and the owner. He has resigned in Dec 2015 and since then the owner of the business has run away from the UAE.
Now my colleague is under threat from the banks which have provided banking lines to the entity that he will be sued as he was also responsible as Finance Manager of the entity.
Want to know can the banks include my colleague as a party to the case? If yes, what would be my colleague's liability?
Can the bank file a criminal case & enforce a travel ban on my colleague?
Q: You paid your partners in a Limited Liability Company a personal cheque to buy their shares. They took the money but never transferred the shares to my name. They closed the bank account and took the money.
Q: I would like to ask a question.
If there is a company with limited liability between three partners, can any of the partners remove any employee from the company, such as the director of managers, the implementation manager, the director of the hall, any other manager or any other employee without the consent of the other partners?
Regarding the new cheque bounce execution, is there a time period to file this execution after the cheque has been bounced?
Let me explain further. If a cheque was bounced in January 2019, can the party who has this cheque file for a cheque bounce execution under the new law that came into effect year?
Hi,
I live in Dubai and I just topped up my loan. I also have a credit card from a bank. I always pay on time. I was offered a job abroad and my visa will be canceled soon.
Will I be allowed to exit the country?
Will they ban me from leaving as soon as they know that my visa got canceled?
I know I can pay my debt from abroad but I was just wondering.
Thank you!
Hi Sir,
I need to travel to the UAE but I have some credit card dues.
Could you tell me what will happen when I am re-entering the UAE?
I lost my job and I had to exit the UAE. Now I need to go back to the UAE for job finding.
What are the consequences I will face at the UAE airport?
Nov 9, 2021
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