Questions & Answers
Which option is better in the UAE: bankruptcy or liquidation?
In the UAE, a company in financial difficulties should go for bankruptcy or liquidation?
What is the cheaper and faster option provided the owner is a manager and partner in the company?

Dear questioner,
Knowing the fact that bankruptcy takes a longer time and there are chances of the case being rejected, therefore liquidation is a better option.
If need be, kindly contact us by phone for a detailed discussion or write to us at our email for further assistance.
Dear Client,
Thanks for your query.
I hope you are fine.
You can apply for bankruptcy as a legal case in the court subject to the approval of the judge. Liquidation of the company is a better option for you.
For further information, you can write an email to us or call on Whatsapp. We have a good team of local Emirati lawyers to handle all kinds of cases.
I am happy to help you. You can fix a personal meeting at our office.
Thanks and regards
Abdul Wahied