Questions & Answers

Ask a lawyer
Dubai, UAE

The right of one partner to force another to transfer shares

Hello,

I am based in Dubai.

I am the 49% shareholder and manager of a Dubai-based general trading company.

Suddenly, my local sponsor is asking me to resign and insisting me to transfer my shares to his son.

I refused to resign and transfer the shares. Can he take any legal action against me?

Premium
Bashar Al Masayba Advocates & Legal Consultants
Chat Hire
Meet
18 Sep 2019, 10:07

In case you are the actual manager and partner, he can neither force you to resign nor take your shares.

Advocate Bashar Abdalla

Get quotes from lawyers
Find the right lawyer for your legal needs. Submit your request and get multiple competitive offers from qualified lawyers.
Looking for something else?
Ask for advice from a lawyer
It’s free and anonymous
No registration needed
Ask a lawyer