Q: Is the shareholder liable if a labor court judgment is against the company? A: The partner shall be liable for the company's obligations (debts, court rulings) to the extent of his share in the capital…

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Is the shareholder liable if a labor court judgment is against the company?

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Amiri Advocates & Legal Consultants

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26 Apr 2023, 15:29

The partner shall be liable for the company's obligations (debts, court rulings) to the extent of his share in the capital.

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Badr Legal Consultants

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26 Apr 2023, 19:05

Thank you for your question.

Only liable for his share value.

For more clarification, you can contact me on WhatsApp.

Thanks and regards,

Badr legal consulting

Mohamed Badr

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