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How to collect judgment from LLC with closed office and expired license?

Hello,

I have a commercial execution case for the recovery of payments.

I sent a notification to the local owner (100% ownership of the LLC), but I see that the company has closed its office and its license has expired.

How can the courts get the money ordered in the judgment?

Thank you!

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KHE Legal Consultancy
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12 Oct 2023, 11:09

Dear Questioner,

You need to provide the details of the people (company directors); including any kind of ID proofs, bank account details, etc. who owe the debts to you.

Also, try to collect more details regarding the company if it has any branches, etc.

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Dar Al Haqooq Legal Consultancy
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12 Oct 2023, 11:09

Dear Client,

Thanks for your question! I hope you are doing well. I will definitely assist you in this matter.

If a company has closed its office and its license has expired, enforcing a court's judgment for payment recovery can be challenging.

Contact the Department of Economic Development (DED) or the free zone authority (if applicable) to inquire about the status of the company and whether there are any assets that can be seized to satisfy the judgment, and negotiate if possible.

Follow UAE's legal procedures for executing judgments, and attempt to negotiate with the company or its owner directly to reach a settlement or payment plan.

For any further legal assistance, you can WhatsApp us. We have an extensive team of knowledgeable and experienced lawyers to provide the legal assistance you need.

We will definitely be happy to help you.

Thanks & Regards,

ABDUL WAHIED

12 Oct 2023, 14:38

Thank you for your response, it is appreciated!

Last year, I completed a complaint through the DED who were unsuccessful in mediation to recover the money and so advised I file a court case.

The company in question is just one or two men who created a business license through the DED to facilitate visa issuance.

As such, they likely did not hold assets in the company name.

In this case, as the 100% owner of the company, could the court obtain funds from the GCC national through the execution of a judgment order?

Thank you for your time!

Al Kaitoob Advocates & Legal Consultants
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12 Oct 2023, 12:36

Dear Questioner,

It is all about procedures, but if there is no company, no assets, no bank accounts, etc, you will not take your money.

12 Oct 2023, 16:29

Thamk you for your rely.

 

Even if I have contact details for the GCC Citizen listed on the business license as the 100% owner at the time?

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Midas Legal Consultants
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12 Oct 2023, 14:00

Dear Questioner,

In the United Arab Emirates, the court can enforce a judgment for the recovery of payments by issuing a garnishment order against the debtor's assets.

This order will require the debtor to pay the amount owed to the creditor from any assets they may have in the UAE.

The court may also order the seizure of the debtor's assets, such as real estate, vehicles, and bank accounts, and the sale of these assets to satisfy the judgment.

Additionally, the court may order the debtor to pay the amount owed in installments.

If the debtor fails to comply with the court's order, they may be subject to criminal penalties.

12 Oct 2023, 17:29

Thank you for your reply.

In my case how does this apply when the debtor was a company named on the case & 100% owned by a GCC national?

What assets can the court acquire if the company was just the owner as a named manager?

16 Oct 2023, 07:26

Kindly reach me by phone (WhatsApp available) for more information.

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