What Legal Consequences Arise When a Manager Sells a UAE Limited Liability Company Without Partner’s Consent?

The legal implications of a manager selling an LLC in the UAE without partner’s consent are substantial. The legal framework, as outlined in the Commercial Companies law, emphasizes the need for transparency, adherence to laws, and protection of the interests of the company and its partners. Any deviation from these legal provisions may result in serious consequences for the manager involved in the sale transaction.
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