Q: I'm buying a partner visa, which means I don't have anything to do with their company. In the future, would I be held liable for whatever liabilities made by them or by the company?

Q: Hi Mr Younis, I require help to sort out my father's legal issues pertaining to a company he had. There are dues with a bank in the UAE and his partner who was also a signatory on the cheques has managed to remove his cases and has left my father to deal with the liabilities albeit he was the one who misused the company funds. I have two questions: 1) How can someone who was a partner of a company absolve themselves of al legal recourse albeit their signature is on all bounced cheques? 2) Would your law firm be able to help with getting the cases resolved and getting my father's business partner take the responsibility for his share of the liabilities? Thank you

Q: Hi Mr Naser, I require help to sort out my father's legal issues pertaining to a company he had. There are dues with a bank in the UAE and his partner who was also a signatory on the cheques has managed to remove his cases and has left my father to deal with the liabilities, albeit he was the one who misused the company funds. I have two questions, 1) How can someone who was a partner of a company absolve themselves of al legal recourse albeit their signature is on all bounced cheques? 2) Would your law firm be able to help with getting the cases resolved and getting my father's business partner take the responsibility for his share of liabilities? Thank you

س: السلام عليكم، لدي شيك من شخص باسم شركته وقد رُفِض لعدم كفاية الرصيد. عند تنفيذ الشيك، هل يحق لي طلب التنفيذ على حساباته الشخصية أيضًا أم يكون فقط على حسابات الشركة؟ علمًا بأنه شريك والمدير المسؤول في نفس الوقت. الشركة شركة مقاولات ذات مسؤولية محدودة. وهل يحق لي طلب منع السفر له؟ وفي حالة عدم السداد في الفترة القانونية، هل يمكن المطالبة بضبطه وإحضاره لحين السداد؟

This article intends to give a brief idea of corporate crime, how it happens in the corporate world, the relevance of choosing the right legal action and mechanism.

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.