Questions & Answers
Questions & Answers
5 available 5 • View allWill an employee signatory be liable for bank loans of the company?
4
Q: Hi,
During my employment with my Company, I had signed a few guarantee for a finance taken by the company amounting to more than AED 100 Million. As I was the signatory to that particular Bank account I was asked to sign the security Cheque.
I have resigned 6 months ago and the cheque is still with the bank; will I be held responsible in the event the bank takes legal action if the company does not repay the loan?

Oct 21, 2017
1601
The liability of employee as a bank signatory
3
Q: I was employed with a company which ran into troubles and stopped paying salaries.
I was an authorized signatory and I had endorsed cheques of a third party to a local bank as a signatory.
The bank filed a legal case against me, the owner of my company and the person whose cheques they are.
It has been 4 months since I resigned, cancelled my power of attorney and mentioned in the resignation to remove my names from all banks.
I have moved on and looking for a new job. I have opened a case against my ex-employer for my salaries and gratuity of 7.2 years.
I have also placed visa cancellation request and I found out about this case when I was moving to my father's visa.
Please advise what I can do, the cheque amount is AED 250k. I need to prove my innocence as I haven't taken the amount nor do I have this kind of amount to pay.
I am innocent in simple words. I was just a PA to the owner and was doing my duties while I was there.

Apr 29, 2018
3844
Liability of employee for the loan taken in the company's name
3
Q: I have taken a loan for a company which I was working as an Accountant. Whether I am liable for such a loan for the company?
The bank has given the loan in the name of the company and the bank has taken a security cheque from my employer. In such a situation, whether any GCC ban will be there as I have left the country also?

Mar 26, 2017
3843
Adjournment of court hearing for travelling outside the country
3
Q: I have my next hearing on November 12, and I am travelling to another country.
Can I extend to the 25th of November? Can I know the procedure?

Oct 22, 2018
1288
I received judgment against me and I am just an employee. How to reopen a case in execution?
0
Q: I have a Commercial Rental Case under my name which is currently in execution.
Is there any way to re-open or re-consider the case?

Feb 28, 2023
109
Legal blog
2 available 2 • View allWhat is a Travel Ban & How Does it Work in the UAE? 13
An interview-format article covering the topic of the travel ban and reasons leading to it in the UAE. This is from the legal podcast of lawyer Ludmila Yamalova, the founder of Lawgical with LYLAW.
Mar 9, 2020
6601
Online 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
19199
Laws & Regulations
1 available 1 • View allFederal 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
148436

Other answers by
421 421 answers •
View allPayment recovery for delay in the delivery of purchased property 0
Hi,
I need to hire a property lawyer.
I have purchased a property that is still under construction. The handover was supposed to be May 2018 and it has been delayed for over 18 months.
Can you please advise what is the average fee to the lawyer and any upcoming fees?
I would like to either receive compensation for the delay or terminate the SPA and receive what I have paid.
Thanks
Nov 10, 2019
381
Termination of services due to cost-cutting 0
My company terminated my services without any reason except for what they told me that they are cost-cutting.
What are the complete benefits that they have to pay to me beside the gratuity?
I worked there for 3 years.
Nov 10, 2019
959
Court fee for filing civil case of cheque bounce 0
What is the total fee for instituting a civil case for a bounced cheque of AED 4 million?
Nov 8, 2019
4868
Mutual Termination vs Resignation 0
Is it possible to request a mutual termination of the contract from the employer?
My employer recently asked me to submit a resignation. Since it's not legal for him to do this and since I don't mind leaving the company for better opportunities, is it legal for me to request a mutual termination of contract letter?
What are the important things that should be stated in the letter?
Nov 9, 2019
1695
Termination for non-performance and claim for arbitrary dismissal 0
Hi,
I am the GM of a company in the Internet City and the VP Sales MEAA.
My contract has been terminated after 13 years due to some results that did not meet the company expectations.
No process was followed prior to termination. I wish to know if I will have a claim for arbitrary dismissal.
Regards
A. D.
Nov 5, 2019
1089
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