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Moheb Hassan
Lawyer
الأسئلة المجابة 63652 | نسبة الرضا 98.2%
Lawyer
Hi. Me and my father are partners in a LLC company...
Hi. Me and my father are partners in a LLC company in Dubai. My father has expired. We have received PoAs from other family members to give the shares to me (existing partner). However a minor is involved. What can we propose in this situation?
Lawyer's Assistant: Where are you located? It matters because laws vary by location
Dubai
Lawyer's Assistant: Has anything been filed or reported?
Yes we have filed the case already. But i am not satisfied with my lawyer’s work.
Lawyer's Assistant: Anything else you want the lawyer to know before I connect you?
I just want to know how can we keep running the company and divide the shares with a minor being a legal heir as well
إطرح سؤالك
الرد من العميل
My father was the managing director, and authorized signatory. Due to a minor being involved, how can we sort the matter
إجابة الخبير: Moheb Hassan
Moheb Hassan
Lawyer
الأسئلة المجابة 63652 | نسبة الرضا 98.2%
If your inquiry related to dividing shares with a minor, here is the following information:
The minor has no authority to sign the dividing contracts for shares, purchases, or sales. The guardian of the minor must sign these contracts on behalf of the minor and if the guardian of the minor is not present in the state, the guardian can send a power of attorney in his capacity as the guardian of the minor to one of the persons residing in the country where the division will take place according to its law and we recommend the use of a lawyer to assist in the completion of these procedures
The minor has no authority to sign the dividing contracts for shares, purchases, or sales. The guardian of the minor must sign these contracts on behalf of the minor and if the guardian of the minor is not present in the state, the guardian can send a power of attorney in his capacity as the guardian of the minor to one of the persons residing in the country where the division will take place according to its law and we recommend the use of a lawyer to assist in the completion of these procedures
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Moheb Hassan
Lawyer
الأسئلة المجابة 63652 | نسبة الرضا 98.2%
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