Questions & Answers
Questions & Answers
3 available 3 • View allAll money is cashed by son who has a POA. What to do?

1
Q: I left the UAE in December 2016. I have given a power attorney to my son. He was supposed to transfer my funds to me when I open a bank account in my new location. I moved to Canada.
When I got my permanent residence and social number, I requested him to just send all money at once. At that time, NBAD became FAB and I have no access anymore.
Unfortunately, my POA representative lied to me saying that it is difficult to deal with the bank as there are a lot of restrictions and all the money is safe and untouched. At the same time, he cashed out all the funds from the account.
What legal action I can do now in this case?
Thank you!


Apr 24, 2021
375
Liabilities toward the holder of a power of attorney
5
Q: I have been appointed as a POA holder by the boss/owner of my company to act on his behalf.
He told us that he would help us in all the financial aid from USA (where he is residing) and we just need to run the operations here in the UAE.
However, it's been quite a while where we have not received any support /financial assistance from him and there are a lot of unpaid bills pending here.
I would like to know if I cancel my POA, can I get away from this mess or I will still be liable to pay and be penalized?

Dec 19, 2018
2176
How to claim the money paid to invest in a company which breaches its obligations?

5
Q: Hi,
I am a foreign investor who invests in a business unit in Dubai.
Unfortunately, the company fails the business and didn't return the money for two years, I contacted the boss for a long time and found that they lied to investors before they make decisions and there are emails and conversations in records.
Can I report to the police station about this? And is this a criminal or a civil case?
Thanks!


Jan 18, 2021
544
Legal blog
1 available 1 • View allOnline POA and Other Notary Public Services in the UAE 28
With the introduction of the new procedures for obtaining a power of attorney (POA) remotely in the UAE, after it was mandatory to appear in person in front of the notary public as a global rule to ensure the identity and intention of the person requesting a POA, we put between your hands this brief guide for how you get it done.
Jun 8, 2021
19184
Laws & Regulations
3 available 3 • View allFederal Law No. (3) of 1987 Promulgating the Penal Code 29
This Law promulgates the Federal Penal Code (Criminal Law) of the United Arab Emirates. Crimes and chastisement punishments shall be determined in accordance with the provisions of this Law and other penal codes.
Dec 8, 1987
47913
Federal Law No. (5) of 1985 On the Civil Transactions Law of the United Arab Emirates 96
The provisions of this law, promulgating UAE Civil Code, govern the civil transactions in the United Arab Emirates. The commercial transactions remain subject to the laws and regulations applicable in their regard.
Dec 15, 1985
148388
Federal Law No. (11) of 1992 Concerning Issuance of the Civil Procedures Code 42
The law promulgates UAE Civil Procedures Code (Civil Procedure Law) which governs civil procedures in the United Arab Emirates, including the prosecution before the courts, litigation and execution.
Feb 24, 1992
75320

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