Questions & Answers
Questions & Answers
8 available 8 • 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
1739
Revocation of share transfer agreement by one of the shareholders
0
Q: I hold a 25% stake in a Free Zone company in Dubai, with my business partner holding a 75% share and therefore being the majority shareholder.
In April 2017, there was an agreement between myself and my partner, in which he agreed to transfer all of his shares to me. Upon this agreement, we both signed and stamped a request for transfer of shares document as well as a shareholders resolution. These documents were then submitted to the Free Zone Authority but then were subsequently withdrawn without my knowledge. As far as I was aware the documents were still being processed and I only found out about the withdrawal of the documents when I followed up with the Free Zone Authority.
The Free Zone Authority has since acknowledged that they should not have returned the documents and are trying to mediate between myself and my business partner to submit the documents again but he is refusing to do so.
I want to know what legal action I can take against my partner for his actions.

Jul 4, 2017
1185
Filing a civil case against a company for denying partnership investment
0
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 23, 2018
21
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
2159
شيك مقابل تملك أسهم فى شركة مزمع إنشاؤها
0
س: كنت قد اتفقت مع زملين على أن نقوم بشراء شركة. أنا حالياً أعمل موظف، ولطبيعة عملي اضطررت للسفر لمدة 20 يوم.
وقبل سفري، وحتى لا أعطل إجراءت إنشاء شركة، كتبت شيك مستحق الصرف لأحد الشريكين. قام الشريكان بإنهاء إجراءت الشركة وسجلا عقد التأسيس قبل عودتي من السفر.
وحين واجهتهم قالا علينا أن نعمل عقد ملحق بالتاسيس حتى يتم كتابة اسمي في العقد. ولكن الآن هو من كتبت له الشيك يقوم بالمماطلة ولا يريد عمل هذا التصحيح.
سؤالي :
هل ممكن إقامة دعوى نصب عليه؟ علماً أن الشريك الثاني يشهد أن رأس المال هو مالي ومستعد للشهادة ضده. ولدي شاهد آخر وهو أخي كان قد حضر الواقعة.
وما هو موقفي القانوني؟ هل خسرت كل شيء؟

Sep 2, 2018
214
Validity of legal actions conducted by an unauthorized person
1
Q: Dear Naser
Could you please clear my legal doubt?
If a person with no power of attorney in an organization signed an agreement with the other party, can this be considered as a binding agreement in case of arbitration or filing a case in the courts of the UAE as per the UAE law?
Thanks,
Mohamed

Oct 4, 2018
1090
Filing a case to recover a debt without a cheque 


3
Q: I own 10% of the shares of a restaurant. The contract I have had already matured and I was issued a cheque.
Naturally, the cheque bounced, but along the way, the cheque was sent back to my old company so I no longer possess the cheque.
And I was promised that the debt will be paid, but more than 1 year has passed and I haven't been paid anything.
I still possess the original contract and a letter stating that he will pay his dues.
Is this usable if I want to file a case claiming that he owes me AED 130k?



Jan 29, 2020
700
محرر الشيك شخص مختلف عن المدين. ماذا أفعل؟

1
س: قدمت شيكًا للمحكمة وادعى صاحب الشيك أنه استعمال مزور، علمًا بأنه ليس خطه وليس توقيعه ولم أكن أعلم ذلك.
ماذا أفعل؟


Oct 24, 2019
133
Legal blog
1 available 1 • View allBounced Cheques in the UAE: What You Need to Know in 2024 291
In the UAE, cheque bounce is a very frequent problem faced by people during their span in the country. It is covered under the purview of Commercial Transactions Law, and legal implications/penalties can be financially severe and daunting for more “serious” offenses. Bounced cheque issues may arise in a variety of commercial transactions, including but not limited to, companies’ exchanges, bank loans, property rents or purchases, and individual transactions.
Oct 15, 2024
221921
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
29525
Federal Decree Law No. (14) of 2020 Amending Certain Provisions of the Federal Law No. (18) of 1993 Concerning the Commercial Transactions Law 4
The provisions of this Decree by Law amend the Federal Law No. (18) of 1993 by replacing Clause (4) of Article (379) as well as Articles (600), (617), (641), (642), (643), (644), and adding new articles numbered (635) Bis, (641) Bis (1), (641) Bis (2), (641) Bis (3), (641) Bis (4), (643) Bis (1), (643) Bis (2), (644) Bis (1) and (644) Bis (2). The Decree-Law also repeals Articles (401), (402) and (403) of the Federal Law No. (3) of 1987.
Sep 27, 2020
3528

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View allHow can I vacate my tenant if the rental agreement ends before the eviction notice deadline? 0
My Dubai tenant's rental agreement is ending by the end of September 2024 and the completion of 12 months of legally served Eviction Notice is the end of December 2024.
I have two questions:
(a) Can I send a rent increase notice 3 months before as the rent has increased as per the RERA rent calculator?
(b) The second question is, do I have to renew the rental agreement for 3 months (until December 2024) or not?
Thank you.
May 1, 2024
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How can I reach a settlement with the bank for a mortgage of a jointly owned property? 0
I have a jointly owned property in Abu Dhabi. The mortgage was defaulted on as I had to leave the property with my children following an assault by my ex-husband. He left the country in 2018 and never paid the mortgage.
As I was in the country, the bank filed a criminal case against me, and I was sentenced to 3 years. I won the appeal against the bank and then filed another criminal case a few months later in Dubai. Again, I won and paid a fine.
In 2019, the bank started a civil case against me and my ex-husband to have the property repossessed. However, at the time of the purchase of the property, there were no Title Deeds, the bank requires this.
I cannot give them the Title Deeds to sell the property and pay back the amount owed to them as my ex-husband refuses to provide a POA. The bank has filed another criminal case against me only for our jointly owned property.
I wish to resolve this and pay off the bank and receive any money left from the sale. How can I resolve this issue of the Title Deeds?
Oct 4, 2022
282
The procedures for filing for divorce on mutual consent 0
Dear sir/madam,
I am separated from my wife due to compatibility reasons. We got married in the Indian consulate in Dubai on December, 23rd.
We would like to file a divorce on mutual consent as soon as possible. May I get some advice here on the procedures?
Sep 13, 2022
674
My previous employer failed to pay my gratuity. Can I file a case 6 months after resignation? 0
My previous employer failed to pay my gratuity six months past now since I resigned, Is it possible to file a case against him after a 6 months period?
May 31, 2022
1275
Can a real estate agency hold a percentage of a property sale until transfer is done? 0
A real estate agency has signed an MOU stating that a 10% security deposit from the buyer and the seller will be kept in the real estate agency and will be released upon transferring the property.
The transfer of the property was blocked due to the court order.
According to my colleagues, the real estate agency is not a trustee and they are not allowed to have taken my security check in the first place, is this correct?
Jun 28, 2021
1264
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