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Umm Al Quwain, UAE

As the manager with 0% ownership on the license, am I liable for a returned cheque?

Dear Sir/Madam,

I work in Umm Al Quwain for a construction company. My name is on the license with 0% as the manager, and it's a sole proprietorship license.

If there is a case involving a returned cheque or a civil case against the company, will I be held responsible?

I am currently facing a travel ban, and I am employed on a salary basis with the company.

Laila Hamza Al Mulla Advocates and Legal Consultants
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17 Jan 2024, 04:35

Dear Sir/Madam,

Normally, a manager will be responsible for the actions of the company.

If you have the signing authority to manage the transactions of the company or you are the person signing the cheque on behalf of the company, then you can be held liable.

In order to remove the responsibility, there are some procedures which you can undergo.

We will discuss them in detail in a legal consultation session for a charge.

Share your WhatsApp number if you want to go with the services.

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Dar Al Haqooq Legal Consultancy
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17 Jan 2024, 06:59

Dear Client,

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

If your name is listed on the company's license with a 0% share as the manager, you may not typically be personally responsible for the company's financial matters, including cases related to returned cheques or civil cases.

However, legal matters can vary, and it's essential to consult with us.

We can review your specific situation, examine any contracts or agreements you have with the company, and advise you on how to address the travel ban and any potential liabilities.

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 be happy to help you.

Thanks & Regards,

ABDUL WAHIED

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