س: قضية جزئية في محاكم دبي حصلت فيها شركتي (المدعى عليه الأول) على قرض عقاري من أحد البنوك. لقد قمت بالتوقيع على جميع المستندات المتعلقة بالبنك بما في ذلك نموذج الضمان الشخصي… ج: من الضروري للغاية استئناف الحكم الصادر ضدك خلال 30 يومًا من إعلانه، كما أن محاولة التسوية مع البنك قد تكون الحل…

Hello, As per your query, You have availed the property loan through the company accounts, and have provided the personal guarantee of yours which proves that the loan was availed by you in the name of the company. Even if you have sold your shares and exited, still you are liable. However, you can place an appeal for the case, if the court hears it or in cassation (but the chances are rare as per the facts). After the bank opens execution, the only way is to make a payment plan in the court or to settle with the bank outside the court and restructure the payment plan. We can help you to restructure the payment plan and to settle with the bank outside the court.

مسؤولية المدير عن القروض المصرفية بعد الاستقالة

Questions & Answers

Questions & Answers

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Liability of company director for a bounced cheque issued by the general manager

Q: My brother was the director of a company in Dubai with 16 per cent shareholding with 5 other partners. They had a general manager who had signing authority. The general manager signed cheques worth AED 7 million and disappeared. My brother lives in Kuwait. What is the impact of the bounced cheque on my brother?

Dec 30, 2020

1254

Is a manager of an LLC company personally liable for paying the rights of an employee?

Q: Dear sir/madam, I am a partner and a manager of a Dubai-based LLC. We lost a court case against our previous employee with 100k. The company does not have money to pay. I asked two lawyers if I am personally liable, one lawyer said no, and the other lawyer said that the judge can even arrest me or place a travel ban on me. I had the full authorization of any documents, bank transactions, or business activities. Everything was 100% on me only. Now I am totally lost on which lawyer to trust and to believe. Could someone kindly get back to me with a third opinion?

Jun 14, 2022

346

The responsibility of a manager who is not a partner for cheques

Q: Hi, My name is in a UAE license as a manager with 0% percent share but with powers to act on behalf of the company. I didn't sign any cheques. The landlord filed a civil case against the company for not paying rent. The owner is not bothered. Anything will happen to me?

Jan 14, 2021

605

Is the manager of the company liable if his name remains on the license after resignation?

Q: I was registered as a manager or signatory for a company. One year ago, I resigned, lost access to the company’s documentation and bank account, and had my visa canceled by the employer. Currently, I am working in a new company in the UAE with a new visa. I recently revealed that my name is still on my old company’s trade license for an unknown reason. I was registered as a manager in that company based on a Power of Attorney. I am not an owner or a shareholder of that company, and my name is not mentioned in the MoA of my old company. To my knowledge, the owners and managers threw up their company, left the UAE, and did not care about the company’s fate. The company has never operated and has no money in the bank account. What should I do to remove my name from the trade license if the owners do not respond to my messages? Are there any consequences for me after the expiration of the trade license and its blacklisting?

Nov 1, 2024

111

Ahmed Mohammed Bashir

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Can the landlord request the tenant to pay the chiller in the middle of the contract?

I live in Dubai Marina, and the landlord claimed that according to new Dubai Land regulations, the chiller now has to be paid by the person occupying the apartment. Even though my contract says that the landlord should pay the chiller, they want to implement this mid-contract. I understand that the terms upon renewal will be renegotiated, but on what grounds can they implement the change mid-contract? Does a new DLD regulation precede a tenancy contract? Moreover, I am receiving a disconnection notice from the chiller company due to non-payment. What can I do if this happens? Please advise.

Mar 23, 2022

1576

Can I travel with a non-paid telecom bill in the UAE if my visa is canceled?

Feb 16, 2023

721

Does the new property owner have to sign a new contract with the tenant?

Hi, I'm a new landlord of the property which is already rented. Kindly advise, do we have to sign a new tenancy contract with the tenant for the remaining period? And who will pay the cost of Ejari?

Feb 16, 2023

2544

Cleaner's resignation with 30-day notice in incomplete contract

Hello, Good afternoon! My friend works as a cleaner for a cleaning company and she now wants to resign with a 30-day notice. However, she has not completed the two-year contract and has only served for 16 months. Additionally, she has not taken any vacation leave. The sad part is that when she signed the offer letter, she did not receive a copy of it and only signed it. I would be very grateful if you could let me know if she would have to pay or if her boss has the right to not accept the resignation if the notice period mentioned in the offer letter is more than a month. Her boss has not provided her with any kind of proof that she can use in the future if anything happens.

Feb 13, 2023

545

The ownership of a code of a web application

Hello, I represent a tech-based marketplace company registered in a Freezone, in the UAE. This is in regards to the UAE's law regarding the ownership of code when there is no clause mentioned in the agreement. One of our products (web application) is being developed by an agency in the UAE. While we do have agreements in place, there is no clause regarding ownership of code. In the situation mentioned above, I've heard that the ownership of code either goes to the author or the agency that employed the author. Is this true? Your assistance and help would be of great help.

Sep 7, 2021

307

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