Questions & Answers
Questions & Answers
3 available 3 • View allHow to respond when company account funds are seized without notice?




1
Q: Good afternoon,
Respected Lawyers!
I live in Ajman. I am facing a situation where I suddenly received a message in my LLC company account SMS stating that a certain amount has been debited and seized by court.
The debited amount is too high and the company account had very little cash so it's showing in minus. Without any calls from the court for a case hearing or judgment, I found this execution message straight away in my bank account SMS.
Today, I found the very same message & same amount debited from my personal account too. How is it that the same amount will be taken twice, I have an LLC company and I even own property that is under mortgage.
Still trying to get all the details from the court regarding the case that led to this execution.
Can this be appealed and come to a better conclusion?
Can they seize my personal property, since they have taken over my personal bank account?
Kindly guide me in this matter!





+1
Feb 12, 2024
154
How to remove a civil case by the bank and come back to the UAE?



2
Q: I have a civil case of AED 330,000/ with a bank for 5 years, and I am outside the country.
Is there any chance that I can enter the UAE without facing jail terms?
Also, I would like to know, for how many years does the civil case remain?




Jun 13, 2023
711
Can the bank file a civil case after I paid the fine in bounced cheque criminal case?
3
Q: Hi Lawyer,
I had a criminal financial case for a cheque return from a bank credit card for 55,000 in 2020 and paid AED 5,000 fine penalty from the court to remove the case.
Now the bank is contacting me regularly asking to settle an amount of AED 400,000.
Can they put a case for the entire amount? or the amount which I really owe them?

Oct 5, 2022
450
Laws & Regulations
2 available 2 • View allFederal Decree-Law No. 50/2022 Issuing the Commercial Transactions Law 0
The provisions of this Federal Decree-Law No. 50/2022 Issuing the Commercial Transactions Law, known as the "New Commercial Code" governs commercial transactions in the United Arab Emirates. The New Commercial Code repeals the previous UAE Federal Law No. (18) of 1993 Issuing the Commercial Transactions Law.
Oct 3, 2022
454
Federal 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
148342

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Will you be arrested due to non-payment in a civil case if you have no assets or money? 0
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نزاع بين شركاء مفوضين بالتوقيع على المعاملات البنكية للشركة بشأن شيك وتحويل أموال 0
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بعدها، غاب الشريك الأجنبي عن الشركة وسافر. ومازالت الشركة نشطة والعمال لايستلمون رواتبهم والشريك قام بتحويل جميع أموال الشركة إلى حسابه الخاص دون علم الشريك الآخر.
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I give a cheque to someone who took cash from me then encashed my cheque. How can I get my money back 0
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How much time do I have to start paying after the verdict in the appeal court? 0
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هل تسقط إجراءات التنفيذ ويُرفَع المنع من السفر بعد دفع مبلغ التنفيذ بالكامل؟ 0
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What does Cabinet Resolution No. 1 of 2022 mean with exempting supervisory roles from the provisions of the Labour Law? 0
Dear colleagues,
According to Article 15 of Cabinet Resolution No. 1 of 2022 (“Executive Regulations”), employees occupying supervisory roles are exempt from the provisions of the Labour Law and the Executive Regulations in relation to maximum working hours only if they possess powers equivalent to those of the employer.
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I have unpaid bank loan and credit cards in Dubai and got a job offer from Kuwait. Can I go there? 0
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نزاع بين شركاء مفوضين بالتوقيع على المعاملات البنكية للشركة بشأن شيك وتحويل أموال 0
زوج وزوجة، الزوجة مالكة لشركة بنسبة 50% ولديها شريك أجنبي يملك بنسبة 50%. الشريك مخول بالتوقيع في كافة المعاملات البنكية للشركة والزوجة كذلك لها ذات الصلاحية.
بعدها، غاب الشريك الأجنبي عن الشركة وسافر. ومازالت الشركة نشطة والعمال لايستلمون رواتبهم والشريك قام بتحويل جميع أموال الشركة إلى حسابه الخاص دون علم الشريك الآخر.
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