Questions & Answers
How to take the permission of the court to move attached company assets from place to place?
We have a Dubai Mainland Foodstuff trading company that is undergoing legal issues and the company’s assets like company-owned cars, etc are attached by the court.
One of the partners is out of the country but the other partner and sponsor are here in the UAE. No travel ban has been issued.
Our query is regarding the company car which is currently in the partner’s building parking lot and due to the attachment, it is not allowed to move as the mulligan is unable to be removed.
The partner cannot afford to live at this apartment anymore and would like to vacate but what can be done about the car?
The other party’s lawyers are not responding regarding this issue either. The company trade license is still valid, can the company car Mulkiya be renewed?
What is the option available so that there are no fines due to moving the car out of the building?
Thank you
Dear Questioner,
Thanks for your inquiry.
Regarding the above, we would like to inform you that, the company car is an asset of the company and not of the partner.
The partner cannot sell the car or dispose of it without the consent of the other partner. The car can be transferred to the other partner or a third party with the consent of the other partner.
The car can be sold and the proceeds can be used to pay the company’s debts. If the other partner is not cooperating, the partner can file a case in court to seek the court’s permission to sell the car.
The court will issue an order to sell the car and the proceeds will be used to pay the company’s debts. The partner can also file a case in court to seek the court’s permission to transfer the car to the other partner or a third party.
The court will issue an order to transfer the car to the other partner or a third party. The partner can also file a case in court to seek the court’s permission to use the car. The court will issue an order to use the car.
Please feel free to contact us by email.
Regards,
This can be done through a formal request made to the court.
The judge can consider this situation and because of the urgency, he can approve this request. Or you may contact the opposite party and try a negotiation to settle this as well.
If you need further clarification we will have a legal consultation session for a charge. Share your WhatsApp number if you want to go with the services.
Dear Client,
Thanks for your question, I hope you are doing well. I will definitely assist you in this matter.
To prevent fines when moving the court-attached car out of the building, consult with your legal counsel or you can consult with us to understand the proper procedure. Contact the court handling the case and follow their instructions diligently.
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
