Q: Dear Madam, What is the requirement to pass a special resolution in an L.L.C company? My friend is a 24% partner in an L.L.C company and the other two partners are a local sponsor (51%) and a third-person (25%) shareholder. Recently, they debited from my friend's account a huge amount on account of 50% rent for the last 13 years. To make this transaction, the local partner and the other 25% partner, who is the owner of the property, jointly passed a resolution for charging rent for the last 13 years without informing him in advance. I would like to know: is this valid? What are the requirements to pass a resolution in this type? No one informed my friend in advance about this resolution. Is this resolution valid? My friend is the affected party. What is the local company law saying? Kindly reply!

Q: How to withdraw a partnership of a signatory person from a company? What are the steps taken to remove legally?

Q: We have a founders' disagreement and need a third-party expert opinion to resolve the issue. Founder A (Founder & CEO) - Holds 51% equity in the company. Founder B (Co-Founder & Chief Business Officer) - Holds 39% equity in the company. The rest of the equity is split with angel investors. The disagreement is between the founders. Founder B is responsible for business development and sales. After clearly raising several times that Founder B is not brining revenue, not having proper sales pipeline to estimate our growth factor, justify current and onboarding investors, Founder A wants to change the role of Founder B. Since we have 4 years vesting, Founder A is asking justification to Founder B's role and wants to bring in a new person by stopping equity vesting for the future for Founder B. However, Founder B is not willing to agree with this and is asking for both parties' equity dilute; not justifying to Founder A why Founder B is failing in the role.

An interview-format article covering the topic of shareholder disputes in the UAE and pre-emptive measure to be considered. This is from the legal podcast of lawyer Ludmila Yamalova, the founder of Lawgical with LYLAW.

An interview-format article covering the topic of the amendments to the company law in the UAE. This is from the legal podcast of lawyer Ludmila Yamalova, the founder of Lawgical with LYLAW.

The provisions of this Law apply to the commercial companies established in the UAE and the foreign companies that have established in the UAE a base to conduct any activity therein or established a branch or representative office. The Law abrogates Federal Law No. (8) of 1984 Concerning Commercial Companies.

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.