Q: We are 2 partners in a technical services LLC company, it's 6 months old. I paid some money to my partner to clear the instalment amount with setup consultancy which he didn't pay yet. Also, he's not investing his share further comparatively my investment is more for setup. He is still using the business license keeping me away (hiding), his phone is not reachable all the time, only contacting me on Whatsapp and telling lies. Due to his untrustworthy, I would like to claim my investment and damages from my partner and need to withdraw my partnership. Give me a solution.

Q: I am in the process of setting up an LLC for tailoring shop. Is there a standard MoA in place or can I make amendments to it? If tomorrow I have a conflict with my partner and want to change him, what is the recourse and what kind of timelines and cost am I looking at? What are the things I should get included in the MoA to protect my investment and allow me the flexibility to change a partner with minimum damages?

Q: My business partner and I entered into newly started technical services LLC. Now it's 3 months old. We got trade license, office, sponsorship, labour and immigration card...etc. The solution needed: my business partner already issued his friend a cheque of AED 8288 which was due on 16-8-2019 and it got bounced. I paid my share amount of AED 4144 to my business since he used his friend cheque. I got a receipt from my business partner. The question is, how can I get back my share amount from my business partner since the cheque bounced, I feel my business partner is trying fraudulence. Please advise

Q: Dear Sir/Madam, Effect of company manager issuing company check that bounces My civil company has two partners. Each partner is also the manager. The company took a loan of 260,000 AED from a friend. I want to return the loan but my other partner does not want to pay. What will happen if I issue cheques from the company account, they bounce, and the other party starts a cheque enforcement case against the company? Then each partner will pay the debt in the ratio of their shares. Will I be jailed or have to pay a fine due to signing a company cheque that bounced? My alternate method is to issue an acknowledgment and the creditor does Amr al Arida "performance order" case, but I want to reduce court costs.

An interview-format article covering the topic of shareholder disputes in the UAE and pre-emptive measure to be considered. This is from the legal podcast of lawyer Ludmila Yamalova, the founder of Lawgical with LYLAW.

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.