Unified UAE Legislation Database

FAQ: Can a partner in a fixed-term company withdraw from the partnership and claim their share based on loss of contact with other partners and non-participation?

Status

In force

Issuing Authority

Effective date

XX.XX.XXXX

Official Link

https://

Answer:

No. Withdrawal from a fixed-term company requires reasonable and proven grounds. General claims of lack of communication or non-attendance of meetings are insufficient without evidence. Also, a partner cannot claim their share unless the company is dissolved or liquidated.

 

Legal Basis:

Article 673 - 675 of UAE Civil Transactions Law (Federal Law No. 5 of 1985)

 

Relevant Case Law:

Case No.16 of 2025 / Dubai Court / Commercial