Questions & Answers
Resolving dispute between company partners and accusation of fraud
We have a partnership owned LLC company in Dubai - 60% shareholder in Qatar, 20% me & 20% another sleeping partner (we both are signatories in Dubai).
Recently, the sleeping partner holding the same share 20% has accused me of fraud in the company. He stopped my monthly remuneration and asked me to give away my phone and car.
Now, he went to telecom and complained about a missing SIM, the number I have been using for more than 5 years.
I have been a working partner for more than 12 years, and now I am suddenly sitting in my office forcefully.
How can this be stopped legally?
Dear Client,
Good day!
To advise you properly, we are happy to arrange a call with you. Please feel free to contact us.
Hello,
I trust you are well.
Such a case is usually governed by two instruments. The first being an internal Shareholders/Partnership Agreement, MOA, etc.
Secondly, the relevant laws of the UAE which govern the conduct of your company and its partners.
We are happy to review any documents that your company has in place and advise accordingly.
If, however, there are no similar agreements present, we can go by route of legislation.
For further information, please contact us by email.
Dear Questioner,
I can assure to help you if you can trust us to check your documents so that we know what legal action to take.
Dear Questioner,
Pursuant to the information provided, we need to see your contract and SPA to give you proper advise. Kindly contact us.
Thank You.
Dear Questioner,
We need to review your MoA and other partnership agreement in order to assist you properly in this case.
If need be kindly contact us for further assistance.
