Questions & Answers
Questions & Answers
5 available 5 • View allDispute between partners regarding transfer of shares
2
Q: My husband was awarded shares in the company he works for. Now he is leaving and wants to sell them and the company refuses to acknowledge the fact that he holds shares even though it clearly states that he does in the 'Articles of Association'.
What advice can you give to us? Thanks.

Jul 24, 2017
1775
Claiming money invested with a person who ran away
1
Q: I invested in some shop with 40000, but the person ran away with that money.

Nov 26, 2018
352
Filing a civil case against a company for denying partnership investment

3
Q: Hi,
I want to get advice on what I should do with a company based in Dubai, which is not adding me as a partner even after payment of 100% my share money.
I have even paid double by investing all my salaries of 16 months. I am out of the UAE now.
Please advise.
Many thanks.


May 26, 2018
2221
What you need to understand about civil company
2
Q: Dear Khubaib,
Ramadan Kareem. Hope all is well.
We are registered as a mainland civil company in Dubai. The legal type of civil company comes with unlimited liability and that is stated clearly in the MOA.
However, we are marketing research and consulting firm and we can take huge risks especially when we apply for large government tenders.
- How can we mitigate this risk?
- Is it possible to amend the clause in the MOA?
- Can we take any measures to mitigate the risk such as an insurance policy?
- What kind of insurance do you recommend?
Thanks,
A.

May 26, 2019
707
إنكار بائع المؤسسة للبيع بعد تحصيله الأموال وتقديم سند تنازل
1
س: إلى السادة المحامين المحترمين،
الموضوع/
أنا مسثتمر تجاري كنت أرغب في شراء مؤسسة تجارية بمبلغ مليون درهم واجتمعت بمالك المؤسسة ووكيلها القانون. المؤسسة التي أرغب في شرائها عليها التزامات وديون وليس لي علاقة بذلك كوني مشتري والبائع ليس لديه مبلغ لسداد ديون على المؤسسة وكان يرغب في سداد الديون عبر أموال المشتري.
وهنا قام البائع بعرض سند تنازل عن المؤسّسة مُوقَّع من وكيله القانوني ومختوم من مؤسسته، وهنا فعلاً دفعت مبلغ قيمة الشراء بحسن النية كي يسدد ديون المؤسسة ويُخلي ذمتها ويستطيع التنازل عن المؤسسة خالية من الالتزمات ولكن هذا لم يحصل.
تأخَّر في التنازل رغم محاولة المشتري مرارًا وتكرارًا التواصل مع المالك ووكيله القانوني إلا أنه كان يتحايل ويماطل بأنه يحتاج إلى وقت وما شابه ذلك.
بعد الإلحاح عليه لرد المبلغ المُستَلَم، قام بتحرير شيك ووقّع الوكيل القانوني عليه وعند الصرف لم يكن يقابله رصيد.
فُتحَت دعوى أمر أداء وقام البائع بالاستئناف واحتجّ بأنه لا يعلم عن موضوع البيع شيء وأن الوكيل مستثمر وأن صاحب المؤسسة مجرد كفيل دون أن يُثبت ذلك وتم تعيين خبير كانت دراسته مجرد رأي بدون أدلة.
ما الحل؟

Apr 13, 2021
246
Laws & Regulations
2 available 2 • View allFederal Law No. (2) of 2015 On Commercial Companies 15
The provisions of this Law apply to the commercial companies established in the UAE and the foreign companies that have established in the UAE a base to conduct any activity therein or established a branch or representative office. The Law abrogates Federal Law No. (8) of 1984 Concerning Commercial Companies.
Mar 25, 2015
29593
Federal Law No. (10) of 1992 On Evidence in Civil and Commercial Transactions 14
The provisions of this law On Evidence in Civil and Commercial Transactions (Law of Evidence) govern evidence in civil and commercial disputes in the UAE.
Jan 15, 1992
19138

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Trade license and banking legality for any kind of trading activity 2
Hi Sudhanshu,
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Filing criminal and civil cases against a company for cheque bounce 2
Hello,
I hope you're all doing well during this tough time.
I have a question in regards to bounced cheques, specifically corporate cheques.
I have a cheque for AED 800,000, and it has bounced. The owner of the corporate has asked for a month to pay back. However, I am worried he will leave the country and not honour his obligation.
My questions are fairly simple:
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