DCC 175/2010
Background
The claimant, a partner in a limited liability company, sought the forceful distribution of profits and the liquidation of a company against their partners alleging that their partners, had failed to properly distribute profits and the company, due the Respondent's actions, led to negative cash flow against the company's capital which should allow for its liquidation.
The Respondents, counterclaimed against the Claimant for damages and for his forceful replacement due to his behaviour that had led to extensive losses in the company's capital.
The Court of First Instance proceeded to refuse all requests raised by both parties.
On appeal by both parties, the Court of Appeal affirmed the decision of the Court of Appeal.
Proceedings
Dubai Court of First instance - Decision No 50/2007
The Court of First Instance proceeded to refuse all requests raised by both parties under its decision (50/2007).
Dubai Court of Appeal - Appeal No. 90/2009 and 110/2009