Ras al Khaimah, UAE

Removal of shareholder due to non-payment of dues

Can an offshore RAK free zone company remove a Shareholder due to non-payment of his dues?

Nikhat Sardar Khan

Kochhar & Co Inc. Legal Consultants (Dubai Branch)

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11 Apr 2017, 15:05

No shareholder can be removed without his consent. If the consent is not available you will have to file a case and prove negligence or mismanagement.

With best regards,

Mrs. Khan

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Removal of shareholder due to non-payment of dues